Seeking Alpha

Renaissance Cap...'s  Instablog

Renaissance Capital IPO Research
  • on IPO Analysis
Send Message
Renaissance Capital is an IPO investment advisory firm providing pre-IPO institutional research and management of the Renaissance IPO ETF (NYSE ticker: IPO) and the Global IPO Mutual Fund (ticker: IPOSX). Through Renaissance Capital’s pre-IPO research service, investors get a hard-nosed,... More
My company:
Renaissance Capital LLC
My blog:
IPO News from Renaissance Capital
My book:
IPOs for Everyone
  • Two REITs submit filings for IPOs despite Aviv's recent postponement 0 comments
    Nov 4, 2009 7:03 PM
    Chatham Lodging Trust, a recently organized company planning to operate as a REIT and invest in upscale branded hotels, filed today with the SEC to raise up to $230 million in an initial public offering. Both of today's IPO filings were in the real estate sector, which has been active recently in hopes of taking advantage of uninspiring market conditions. The Palm Beach, FL-based company, which was founded just last month and has yet to acquire any properties, plans to list on the NYSE. Barclays Capital is the sole underwriter on the deal. No pricing terms were disclosed.

    The two filings directly follow Aviv REIT's IPO postponement that was announced only yesterday. The company, which specializes in owning and acquiring skilled nursing facilities, cited poor market conditions as the primary reason behind shelving the deal.
Back To Renaissance Capital IPO Research's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.