- The spun off company will be called Xenia and its stock will trade on the NYSE. The 46 hotels with 12,636 rooms are in 19 states and D.C. and come with $1.8B in mortgage debt carrying a blended interest rate of 4.62%.
- The portfolio was 77.3% occupied in Q1 and generated $2.3M of NOI. Revenue per available room was $136.35.
- SEC filings
Inland American Real Estate to spin off 46 hotels into public REIT
From other sites
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs