Tag: REIT
Resilient Asset Class: Sandpiper Lodging Trust Grows Extended-Stay Footprint
Since its formation in 2018, Sandpiper Lodging Trust (SLT), a Richmond, Virginia-based real estate investment trust, has been working toward establishing a national footprint...
Host Hotels & Resorts Acquires Hyatt Regency Austin
BETHESDA, Md. — Host Hotels & Resorts, Inc., the nation’s largest lodging real estate investment trust (REIT), announced that it has acquired the fee...
MGP and Blackstone Form Joint Venture to Acquire MGM Grand and Mandalay Bay for...
LAS VEGAS — MGM Growth Properties LLC (MGP) and Blackstone Real Estate Income Trust, Inc. (BREIT) today announced that they have entered into a...
AHIP Sells 45 Economy Hotels for $215.5 Million To Focus on Premium-Branded Portfolio
VANCOUVER—American Hotel Income Properties REIT LP (AHIP) has agreed to sell its economy lodging portfolio of 45 hotel properties to an affiliate of VCM,...
Park Hotels To Acquire Chesapeake Lodging Trust for $2.7 Billion
ARLINGTON, Va.—Park Hotels & Resorts and Chesapeake Lodging Trust today announced that they have entered into a definitive merger agreement under which Park will...