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REITs Are Going (And Staying) Private for These Four Key Reasons
Tuesday, August 23, 2022 - 11:22am | 1304Read More...American Campus Communities Inc. (NYSE: ACC), a publicly traded REIT that focuses on student housing, has recently been purchased by Blackrock, who wants to make it private. With current market conditions, some real estate investment trusts (REITs) have seen losses and are undervalued. For example...
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What You Need To Know About Marriott's Starwood Data Breach
Friday, November 30, 2018 - 10:01am | 408Read More...Hotel chain Marriott International Inc (NASDAQ: MAR) confirmed Friday it has been a victim of a data security breach involving its Starwood guest reservation database. What Happened Marriott said in a regulatory filing it first became aware of a potential data breach Sept. 8, when an internal...
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Marriott's Share Repurchases May Not Commence Until 2017
Friday, September 23, 2016 - 2:32pm | 409Read More...Barclays, in a research note published Friday, said the $2 billion shares it envisages that Marriott International Inc (NASDAQ: MAR) would buy may not commence until 2017. The rationale, according to the firm, is the timing of the closing of the Starwood Hotels & Resorts Worldwide Inc. (...
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Marriott And Starwood Investors Voted To Approve Merger
Friday, April 8, 2016 - 3:14pm | 325Read More...Marriott International Inc (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) jointly announced on Friday that shareholders of both companies successfully voted to approve Marriott's acquisition of Starwood. Marriott noted in its press release that holders of over 97 percent...
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Marriott And Starwood Hotels Issues Update On Merger Process
Tuesday, March 1, 2016 - 2:45pm | 203Read More...Marriott International Inc (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) announced on Tuesday that the waiting period under antitrust laws and regulations expired in connection with Marriott's proposed acquisition of Starwood. Marriott noted that the expiration of the...
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Marriott Says Share Repurchases Will Resume 'Immediately'
Tuesday, December 22, 2015 - 11:05am | 180Read More...Marriott International Inc (NASDAQ: MAR) announced on Tuesday morning that it has filed a joint proxy and registration statement with the US Securities and Exchange Commission relating to its proposed acquisition of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT). Marriott said that once...
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Credit Suisse's Top REIT Pick (And One Of The Worst Kept Secrets On Wall Street)
Thursday, January 22, 2015 - 3:45pm | 880Read More...The fact that equity REITs outperformed the broader market in 2014 is by now one of the worst kept secrets on Wall Street. Most REITs are trading at or near 52-week highs; at these lofty levels they are trading at high Price/FFO (REIT earnings) multiples and relatively high net-asset values (...
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Tax Day Freebies To Lighten The Load
Tuesday, April 15, 2014 - 12:52pm | 692Read More...It used to be, back when everyone filed their taxes by snail mail, that post offices nationwide made it a habit of staying open until midnight, many handing out free donuts and coffee to last-minute filers. Those days are gone, thanks in part to the cost of all that overtime for postal...
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Commercial Real Estate Week in Review
Saturday, June 19, 2010 - 6:00am | 487Read More...Commercial Real Estate Week in Review-June 13-19 -Interested in a long term investment? It may be the time to get into REITs. -Sunway REIT on track for $522MM IPO. -Kimco Realty (NYSE: KIM) and Big Shopping Centers (NYSE: BIG) enter into a joint venture to purchase $422MM retail...
