Inland Amern Real Es (IARE) 2.6200 $IARE
Meritex Appoints Matt Wagner as Director of Acquisitions
Marketwired - Wed Sep 02, 3:00AM CDT
Meritex Enterprises, Inc., announced today that Matt Wagner has joined the Company as Director of Acquisitions. Matt will be responsible for sourcing, underwriting, negotiating, and closing on acquisition and development opportunities in targeted US markets. Prior to joining Meritex, Matt was with Lincoln Advisory Group and also with Inland American Real Estate Trust, Inc., both in the greater Chicago area. Throughout his career, Matt has reviewed and underwritten in excess of $50 billion in office and industrial transactions nationally leading to over $500 million in acquisitions on behalf of joint venture and separate account clients.
Inland American Real Estate Trust Inc. Changes Its Name to InvenTrust Properties Corp.
Business Wire - Thu Apr 16, 12:12PM CDT
Inland American Real Estate Trust, Inc. today announced today that it has changed its name to InvenTrust Properties Corp. ("InvenTrust" or "Company"
, effective immediately. The Company's new website address is www.inventrustproperties.com.
Xenia Hotels & Resorts, Inc. Declares Dividend For First Quarter 2015
PR Newswire - Fri Mar 13, 3:43PM CDT
Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company" today announced that its Board of Directors has authorized a cash dividend of $0.1457 per share of the Company's common stock for the first quarter of 2015. The dividend represents the Company's anticipated regular quarterly dividend of $0.23 per share, prorated for the period from February 3, 2015, the date of completion of the Company's spin-off from Inland American Real Estate Trust, Inc., to March 31, 2015, the last day of the first quarter. The dividend will be paid on April 15, 2015 to all holders of record of the Company's common stock as of the close of business on March 31, 2015.
XHR: 19.15 (+0.45)
Inland American Completes Spin-off of Xenia Hotels & Resorts, Inc.
Business Wire - Wed Feb 04, 7:30AM CST
Inland American Real Estate Trust, Inc. ("Inland American" today announced that it has successfully completed the previously announced spin-off of Xenia Hotels & Resorts, Inc. ("Xenia" through the pro rata taxable distribution of 95% of the shares of Xenia common stock to Inland American's stockholders. Immediately following the distribution, Inland American will continue to own approximately 5% of the outstanding shares of Xenia. Beginning today, Xenia's common stock will commence trading on the New York Stock Exchange under the symbol "XHR."
XHR: 19.15 (+0.45)
Xenia Hotels & Resorts Announces Listing Of Its Common Stock On The NYSE And Ringing Of The Opening Bell
PR Newswire - Wed Feb 04, 7:30AM CST
Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company" today announced the successful completion of its spin-off from Inland American Real Estate Trust, Inc. Starting today, Xenia common stock will begin trading on the New York Stock Exchange ("NYSE" under the symbol "XHR". In connection with the listing of its shares of common stock on the NYSE, members of Xenia's management team will ring The Opening Bell at 9:30 a.m. EST today at the NYSE to celebrate the first day of trading.
XHR: 19.15 (+0.45)
Inland American Board of Directors Approves Spin-off of Xenia Hotels & Resorts, Inc.
Business Wire - Tue Jan 20, 3:05PM CST
Inland American Real Estate Trust, Inc. ("Inland American" today announced that its Board of Directors has formally authorized the distribution of 95% of the shares of common stock of Xenia Hotels & Resorts, Inc. ("Xenia", a wholly owned subsidiary of Inland American, to its stockholders. Following the distribution, Xenia will be a self-managed, publicly traded real estate investment trust ("REIT" listed on the New York Stock Exchange ("NYSE" under the symbol ("XHR" focused on investing in premium full service, lifestyle and urban upscale hotels in the top 25 U.S. lodging markets and key leisure destinations throughout the United States.
Inland American Real Estate Trust, Inc. Purchases Quebec Square Shopping Center in Denver
Business Wire - Thu Jan 15, 3:45PM CST
Inland American Real Estate Trust, Inc. ("Inland American" announced today the acquisition of the 207,561-square-foot Quebec Square shopping center located in Denver, Colorado. The property was purchased for $52.25 million.
ODP: 7.45 (+0.01)
Inland American Real Estate Trust, Inc. Held Its 2014 Annual Stockholder Meeting
Business Wire - Wed Dec 17, 1:53PM CST
Inland American Real Estate Trust, Inc. ("Inland American" announced today that it held its 2014 Annual Stockholder Meeting in Lombard, Illinois, on December 15, 2014. During the annual meeting, stockholders reelected all directors with an average affirmative vote of 95.32% of the votes cast at the Annual Meeting.
NorthStar Realty Finance Announces Closing of $1.1 Billion Hotel Portfolio
PR Newswire - Tue Nov 18, 7:30AM CST
NorthStar Realty Finance Corp. (NYSE: NRF) ("NorthStar Realty" today announced that it has closed its acquisition of a $1.1 billion hotel portfolio from Inland American Real Estate Trust. NorthStar Realty now owns a $3 billion hotel portfolio comprised of 155 premier upscale extended stay and select service hotels with 20,250 rooms.
NSAM: 16.78 (-0.27), NRF: 13.75 (+0.15)
Inland American to sell 52 hotels for $1.1 billion
AP - Thu Sep 18, 8:49AM CDT
NEW YORK (AP) — Inland American Real Estate Trust Inc., which is in the process of spinning off its hotel business, said Thursday that is selling 52 of its hotels to a joint venture for about $1.1 billion.
CLDT: 23.42 (+0.72)
Inland American Announces Sale of Select Service Hotel Portfolio for $1.1 Billion
Business Wire - Thu Sep 18, 7:00AM CDT
Inland American Real Estate Trust, Inc. ("Inland American" or the "Company" today announced that it has entered into a definitive agreement to sell a portfolio consisting of 52 select service hotels with 6,976 rooms to a joint venture formed by affiliates of Northstar Realty Finance Corp. ("Northstar" and Chatham Lodging Trust ("Chatham" for approximately $1.1 billion.
NorthStar Realty Finance Announces Definitive Agreement to Acquire $1.1 Billion Hotel Portfolio
PR Newswire - Thu Sep 18, 7:00AM CDT
NorthStar Realty Finance Corp. (NYSE: NRF) ("NorthStar Realty" today announced that it has entered into a definitive agreement to acquire a $1.1 billion hotel portfolio (the "Portfolio" from Inland American Real Estate Trust. The Portfolio is comprised of 52 upscale extended stay and select service hotels with approximately 7,000 rooms. Inclusive of this portfolio and an additional approximately $700 million hotel portfolio that NorthStar Realty expects to close this month, NorthStar Realty will have an approximately $3.2 billion hotel portfolio consisting of 159 hotels and over 20,000 rooms.
CLDT: 23.42 (+0.72), NSAM: 16.78 (-0.27), NRF: 13.75 (+0.15)
Meritex Appoints Matt Wagner as Director of Acquisitions
Marketwired - Wed Sep 02, 3:00AM CDT
Meritex Enterprises, Inc., announced today that Matt Wagner has joined the Company as Director of Acquisitions. Matt will be responsible for sourcing, underwriting, negotiating, and closing on acquisition and development opportunities in targeted US markets. Prior to joining Meritex, Matt was with Lincoln Advisory Group and also with Inland American Real Estate Trust, Inc., both in the greater Chicago area. Throughout his career, Matt has reviewed and underwritten in excess of $50 billion in office and industrial transactions nationally leading to over $500 million in acquisitions on behalf of joint venture and separate account clients.
Inland American Real Estate Trust Inc. Changes Its Name to InvenTrust Properties Corp.
Business Wire - Thu Apr 16, 12:12PM CDT
Inland American Real Estate Trust, Inc. today announced today that it has changed its name to InvenTrust Properties Corp. ("InvenTrust" or "Company"
, effective immediately. The Company's new website address is www.inventrustproperties.com. Xenia Hotels & Resorts, Inc. Declares Dividend For First Quarter 2015
PR Newswire - Fri Mar 13, 3:43PM CDT
Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company"
today announced that its Board of Directors has authorized a cash dividend of $0.1457 per share of the Company's common stock for the first quarter of 2015. The dividend represents the Company's anticipated regular quarterly dividend of $0.23 per share, prorated for the period from February 3, 2015, the date of completion of the Company's spin-off from Inland American Real Estate Trust, Inc., to March 31, 2015, the last day of the first quarter. The dividend will be paid on April 15, 2015 to all holders of record of the Company's common stock as of the close of business on March 31, 2015. XHR: 19.15 (+0.45)
Inland American Completes Spin-off of Xenia Hotels & Resorts, Inc.
Business Wire - Wed Feb 04, 7:30AM CST
Inland American Real Estate Trust, Inc. ("Inland American"
today announced that it has successfully completed the previously announced spin-off of Xenia Hotels & Resorts, Inc. ("Xenia" through the pro rata taxable distribution of 95% of the shares of Xenia common stock to Inland American's stockholders. Immediately following the distribution, Inland American will continue to own approximately 5% of the outstanding shares of Xenia. Beginning today, Xenia's common stock will commence trading on the New York Stock Exchange under the symbol "XHR." XHR: 19.15 (+0.45)
Xenia Hotels & Resorts Announces Listing Of Its Common Stock On The NYSE And Ringing Of The Opening Bell
PR Newswire - Wed Feb 04, 7:30AM CST
Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company"
today announced the successful completion of its spin-off from Inland American Real Estate Trust, Inc. Starting today, Xenia common stock will begin trading on the New York Stock Exchange ("NYSE" under the symbol "XHR". In connection with the listing of its shares of common stock on the NYSE, members of Xenia's management team will ring The Opening Bell at 9:30 a.m. EST today at the NYSE to celebrate the first day of trading. XHR: 19.15 (+0.45)
Inland American Board of Directors Approves Spin-off of Xenia Hotels & Resorts, Inc.
Business Wire - Tue Jan 20, 3:05PM CST
Inland American Real Estate Trust, Inc. ("Inland American"
today announced that its Board of Directors has formally authorized the distribution of 95% of the shares of common stock of Xenia Hotels & Resorts, Inc. ("Xenia", a wholly owned subsidiary of Inland American, to its stockholders. Following the distribution, Xenia will be a self-managed, publicly traded real estate investment trust ("REIT" listed on the New York Stock Exchange ("NYSE" under the symbol ("XHR" focused on investing in premium full service, lifestyle and urban upscale hotels in the top 25 U.S. lodging markets and key leisure destinations throughout the United States. Inland American Real Estate Trust, Inc. Purchases Quebec Square Shopping Center in Denver
Business Wire - Thu Jan 15, 3:45PM CST
Inland American Real Estate Trust, Inc. ("Inland American"
announced today the acquisition of the 207,561-square-foot Quebec Square shopping center located in Denver, Colorado. The property was purchased for $52.25 million. ODP: 7.45 (+0.01)
Inland American Real Estate Trust, Inc. Held Its 2014 Annual Stockholder Meeting
Business Wire - Wed Dec 17, 1:53PM CST
Inland American Real Estate Trust, Inc. ("Inland American"
announced today that it held its 2014 Annual Stockholder Meeting in Lombard, Illinois, on December 15, 2014. During the annual meeting, stockholders reelected all directors with an average affirmative vote of 95.32% of the votes cast at the Annual Meeting. NorthStar Realty Finance Announces Closing of $1.1 Billion Hotel Portfolio
PR Newswire - Tue Nov 18, 7:30AM CST
NorthStar Realty Finance Corp. (NYSE: NRF) ("NorthStar Realty"
today announced that it has closed its acquisition of a $1.1 billion hotel portfolio from Inland American Real Estate Trust. NorthStar Realty now owns a $3 billion hotel portfolio comprised of 155 premier upscale extended stay and select service hotels with 20,250 rooms. NSAM: 16.78 (-0.27), NRF: 13.75 (+0.15)
Inland American to sell 52 hotels for $1.1 billion
AP - Thu Sep 18, 8:49AM CDT
NEW YORK (AP) — Inland American Real Estate Trust Inc., which is in the process of spinning off its hotel business, said Thursday that is selling 52 of its hotels to a joint venture for about $1.1 billion.
CLDT: 23.42 (+0.72)
Inland American Announces Sale of Select Service Hotel Portfolio for $1.1 Billion
Business Wire - Thu Sep 18, 7:00AM CDT
Inland American Real Estate Trust, Inc. ("Inland American" or the "Company"
today announced that it has entered into a definitive agreement to sell a portfolio consisting of 52 select service hotels with 6,976 rooms to a joint venture formed by affiliates of Northstar Realty Finance Corp. ("Northstar" and Chatham Lodging Trust ("Chatham" for approximately $1.1 billion. NorthStar Realty Finance Announces Definitive Agreement to Acquire $1.1 Billion Hotel Portfolio
PR Newswire - Thu Sep 18, 7:00AM CDT
NorthStar Realty Finance Corp. (NYSE: NRF) ("NorthStar Realty"
today announced that it has entered into a definitive agreement to acquire a $1.1 billion hotel portfolio (the "Portfolio" from Inland American Real Estate Trust. The Portfolio is comprised of 52 upscale extended stay and select service hotels with approximately 7,000 rooms. Inclusive of this portfolio and an additional approximately $700 million hotel portfolio that NorthStar Realty expects to close this month, NorthStar Realty will have an approximately $3.2 billion hotel portfolio consisting of 159 hotels and over 20,000 rooms. CLDT: 23.42 (+0.72), NSAM: 16.78 (-0.27), NRF: 13.75 (+0.15)
