From the category archives:

hotel reits

Hotel REITs Default and Deflate – Can Shareholders Benefit?

July 27, 2009

It’s almost factual at this point: most 2006 and 2007 buyers of hotel properties will likely default on their mortgages. The reasons are simple: pro forma room rate and occupancy assumptions are being crushed, existing mortgage debt cannot be serviced, and the resulting drop in property values is preventing any kind of loan workout (other [...]

More on this topic (What's this?)
Commercial Hotel REITs (Wealth Daily, 7/9/09)
The Most Contrarian Idea I Have (The Curious Investor, 5/7/09)
The Oxen Report: Overnight Trade of the Day, Looking to the Hotel REITs (Phil’s Stock World - Members S..., 2/25/10)
Read more on Hotel REITs at Wikinvest
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JP Morgan Likes Brandywine (BDN) and Entertainment Properties Trust (EPT)

July 8, 2009

JP Morgan analyst Anthony Paolone is understandably not bullish on commercial real estate fundamentals, but since the public market is typically ahead of the private market in terms of valuations, he does like certain REITs.
Brandwine in particular has both refinanced existing debt, and repurchased its own debt on the open market (for a quick explanation [...]

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Hotel REITs Sink The REIT Ship

December 29, 2008

What happened? Just when you though it was safe to venture out, the REIT sector got hammered again, with many shares down 10% or more on Monday. Much of the reason for that related to the latest round of dividend cuts, this time from the Hotel REIT sector. Ashford Hospitality Trust Inc. (AHT), [...]

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No Bottom In Commercial Real Estate Until 2010 – 2011

December 20, 2008

The good news is that the end is near, and I’m not talking about the rapture. Mercifully (unmercifully?), Moody’s said Friday that commercial real estate is going to get a whole lot worse before it gets better, but that it WILL get better. Unfortunately, that won’t be until 2010, at the earliest.

For now, Moody’s says [...]

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Hotel REIT Directory

August 21, 2008

This is the most up-to-date Hotel REIT list on the web. Prices and yields update daily at the close, and the list contains links to the latest news and home pages of each REIT. The list includes the recent Hotel REIT IPOs (Chesapeake Lodging Trust and Pebble Brook.) Additional REIT lists by property [...]

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Even Ben Stein Loves REITs

April 5, 2008

TORONTO — The beaten-up REIT sector got a ringing endorsement last Wednesday from Ben Stein, the author, actor and economist best recognized for his role as the humourless high school teacher in Ferris Bueller’s Day Off.
“I’m buying all [the REITs] I can get my little paws on. These are God’s gift to retirees,” Mr. Stein [...]

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