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Park Hotels & Resorts (PK) to sell two assets for combined gross proceeds of $149M.The hotels, the 210-room Hotel Indigo San Diego Gaslamp Quarter in San Diego, CA and the 204-room Courtyard Washington Capitol Hill Navy Yard in Washington, DC, were both acquired in September 2019 as part ...
Most investors that put money into Real Estate are doing so thanks to the sector's classic attributes: tangible assets, relative safety, high yield, and protection against inflation. At the moment, the market is allowing investors to benefit from a unique risk/reward situation: Taking...
REIT Performance September was a pretty good month for the stock market, but particularly for the REIT sector, which continued its impressive 2019 performance with yet another positive monthly return (+4.5%). This brings the average equity REIT to a very strong return of 26.88% over the ...
Merger activity remained unchanged last week with two new deals announced and seven deals closing. Deal Statistics: New Deals: The acquisition of Alder BioPharmaceuticals (ALDR) by H. Lundbeck A/S for $1.95 billion. Under the terms of the agreement, Alder stockholders will be of...
This article was selected to be shared with PRO+ Income subscribers - find out more here . Park Hotels & Resorts ( PK ), headquartered in Tysons, Virginia, was established as an independent company in 2017, following its spin-off from Hilton. It is one of the largest publicly-traded l...
Chesapeake Lodging Trust (NYSE: CHSP ) closes on the sale of the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South for an aggregate sale price of $138.0M, or ~$450K per key. More news on: Chesapeake Lodging Trust, Financial stocks news, Merger &...
Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”) announced today that it has closed on the sale of the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, ...
Merger activity increased last week with two new deals announced and two deals closing. Deal Statistics: New Deals: The acquisition of United Community Financial (UCFC) by First Defiance Financial (FDEF) for $473 million in an all-stock deal. Under the terms of the merger agre...
Our weekend preview of upcoming IPOs, earnings reports, conference presentations, investor days, IPO lockup expirations, FDA decisions, Barron's mentions and other key events that could impact stocks. If you are interested in listening to Stocks To Watch to start your Sunday (you can r...
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Chesapeake Lodging Trust of Beneficial Interest Company Name:
CHSP Stock Symbol:
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Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”) announced today that it has closed on the sale of the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, ...
NEW YORK , Sept. 12, 2019 /PRNewswire/ -- Park Hotels & Resorts Inc. (NYSE: PK) will replace Inogen Inc. (NASD: INGN) in the S&P MidCap 400 and Inogen will replace Chesapeake Lodging Trust (NYSE: CHSP) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday...
Chesapeake Lodging Trust (NYSE: CHSP) (the “Trust”) announced today that its shareholders approved the proposed merger of the Trust with and into a subsidiary of Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) pursuant to the previously announced Agreement and P...