The Portnoys do it again. After Hospitality Properties Trust (HPT) director Bill Lamkin fails to...

|About: Hospitality Properties T... (HPT)|By:, SA News Editor

The Portnoys do it again. After Hospitality Properties Trust (HPT) director Bill Lamkin fails to win enough votes to stay on and resigns, the board immediately reappoints him, calling his defeat a result of CalPERS' activism. HPT is managed by Portnoy-controlled Reit Management & Research, the operator of CommonWealth REIT (CWH). Yesterday: Tragicomedy at CommonWealth.