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2024-01-10 08:20:00 ET Summary The S&P500 delivered a strong year-end rally, gaining 4.5% in December and 26.3% for the year. Interest rates were kept steady in a range of 5.25% to 5.5% with the market expecting up to 6 decreases in 2024. Net investments of around $1,500 i...
2024-01-02 08:00:00 ET Summary REITs are performing well and expected to continue to rise, with potential for a 45% increase in the next 2-3 years. If the Fed reduces the prime rate, REIT yields will become more competitive with bonds and treasuries. REIT balance sheets are in...
2023-12-31 09:00:00 ET Summary U.S. equity markets extended a spirited year-end rally with a ninth-straight week of gains - concluding a once-gloomy year with record-highs across the major benchmarks. The dramatic shift in fortunes beginning in late October coincided with a slate ...
2023-12-28 09:34:34 ET More on Apple Hospitality Apple Hospitality REIT: Harvesting A Steady Income Stream Apple Hospitality Q3: Growth Has Been Slowing Down (Rating Downgrade) Apple Hospitality REIT, Inc. (APLE) Q3 2023 Earnings Call Transcript Apple Hospita...
Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center (the “Hotel”) for approximately $75 million, or $251,000 per key. ...
2023-12-24 09:00:00 ET Summary U.S. equity markets extended their winning streak to an eighth week - the longest in five years - after inflation data both domestically and abroad showed a further cooling of price pressures. Extending its weekly winning streak to the longest since ...
Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it plans to report fourth quarter and full year 2023 financial results after the market closes on Thursday, February 22, 2024, and host a conference call for investors...
2023-12-19 09:23:58 ET More on Apple Hospitality Apple Hospitality REIT: Harvesting A Steady Income Stream Apple Hospitality Q3: Growth Has Been Slowing Down (Rating Downgrade) Apple Hospitality REIT, Inc. (APLE) Q3 2023 Earnings Call Transcript Apple Hospita...
Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share and a special cash distribution of $0.05 per common share. The combined d...
2023-12-12 01:56:54 ET Summary Apple Hospitality REIT is one of the largest hospitality REITs in the US, with a portfolio of 224 hotels across 37 states. The company has a strong balance sheet, with a diversified debt structure, staggered maturity schedule, and substantial liquidi...
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