INVH - Litt's Land & Buildings takes stake in American Campus Apple Hospitality

Jonathan Litt's Land & Buildings Management adds a new stake in American Campus Communities (ACC) and Apple Hospitality (APLE), according to the firm's 13F filing for Q3.Bolsters stake in Apartment Investment & Management (AIV), which he's targeted for a proxy fight, to 2.07M shares from 361K shares.Boosts stake house rental REIT American Homes 4 Rent (AMH) to ~1.46M shares from 550K shares.Exits Crown Castle International (CCI), Simon Property (SPG), and Weingarten Realty (WRI).Reduces stakes in EPR Properties (EPR) to 147K from 644K and Invitation Homes (INVH), a competitor of AMH's, to 776K from 1.13M.

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Litt's Land & Buildings takes stake in American Campus, Apple Hospitality