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Maryland companies to pay dividends
Hannon Armstrong Sustainable Infrastructure Capital Inc., RLJ Lodging Trust, Global Medical REIT Inc. and Argan Inc. declared dividends recently.
Host Hotels profits grow in Q2; RLJ Lodging trust profits shrink
Two Bethesda-headquartered real estate investment trusts focusing on hotels turned profits in unaudited second quarter results released this week, but one firm's profit grew while the other's shrank.
RLJ Lodging Trust sells Vermont hotel for $35 million
A Bethesda real estate investment trust focused on owning hotels has sold one of its properties for $35 million.
RLJ Lodging Trust to pay 3Q dividends
RLJ Lodging Trust, a hotel-focused real estate investment trust based in Bethesda, declared dividends for the third quarter of 2018.
RLJ Lodging Trust declares dividends for common, preferred stock
The board of trustees of RLJ Lodging Trust, a hotel-focused real estate investment trust based in Bethesda, has declared a dividend of 33 cents per common share payable April 13 to shareholders of records as of March 29.
Md. hotel REIT shuffles management companies
RLJ Lodging Trust, a Bethesda real estate investment trust focused on buying premium and compact hotels, has expanded its relationship with a hotel management company.
RLJ Lodging acquires hotel in Atlanta
RLJ Lodging Trust, of Bethesda, a real estate investment trust focused on premium-branded and compact full-service hotels, announced it has acquired the 194-room Hyatt Atlanta Midtown in Atlanta, Georgia.
RLJ Lodging Trust sells Austin hotel
RLJ Lodging Trust, of Bethesda, a real estate investment trust focused on premium-branded and compact full-service hotels, said it sold the 194-room Holiday Inn-branded hotel in Austin, Texas, for approximately $13.5 million, or $70,000 per key.
RLJ Lodging Trust completes stock sale
RLJ Lodging Trust, of Bethesda, a real estate investment trust focused on acquiring premium-branded and compact full-service hotels, completed its underwritten public offering of 15,870,000 common shares of beneficial interest at a public offering price of $21.60 per share.
A drop in 2nd quarter mergers and acquisitions
While mergers and acquisitions in Maryland fell 31 percent from the previous quarter and 40 percent from the corresponding period last year, one local company has continued to make nine-figure deals.
Real Estate Weekly: 6/15/12
St. John honored by University of Maryland Real estate developer Edward St. John may now be legitimately addressed as “Dr. St. John,” having received an Honorary Doctor of Public Service degree from the University of Maryland. The honor was awarded to St. John on May 20 during the school’s commencement ceremony. St. John earned a […]
RLJ Lodging Trust of Bethesda acquires Charleston hotel
RLJ Lodging Trust of Bethesda, a hotel real estate investment trust, said it acquired the 176-room Courtyard by Marriott Charleston Historic District hotel from Noble Investment Group for $42 million, or approximately $239,000 per key. RLJ used available cash to fund the purchase. The hotel operated as a 123-room Holiday Inn until late 2010, when […]
