REITs trade up as LaSalle Hotel takeover battle highlights category

|By:, SA News Editor

Hotel REIT stocks took center stage today as a battle for LaSalle Hotel Properties (LHO +5.6%) began, with Blackstone agreeing to buy LHO for $33.50 a share, and Pebblebrook Hotel Trust (PEB +1.8%) rallying with a sweetened stock swap offer valued at about $35.89.

REITs, overall, traded up in afternoon trading. Here's a sampling from each subcategory:

Mortgage: CYS Investments (CYS +2.2%)

Triple-net: Spirit Realty Capital (SRC +2.2%)

Healthcare: Sabra Healthcare (SBRA +2.4%)

Senior: Senior Housing Properties (SNH +2.3%)

Mall: Tanger Factory Outlet Centers (SKT +2.6%)

Shopping center: Kimco Realty (KIM +4.3%)

Industrial: Lexington Realty Trust (LXP +1.8%)

Office: Government Properties Income (GOV +1.9%)

Sale/leaseback: Global Net Lease (GNL +1.5%)

Commercial mortgage: Colony Northstar (CLNS +2.5%)

Apartment: Preferred Apartment Communities (APTS +1.9%)

Prison: Corecivic (CXW +1.7%)

ETFs: VNQ, IYR, RQI, SCHH, RNP, RFI, KBWY, DRN, NRO, URE, ICF, XLRE, JRS, RWR, SRS, FREL, DRA, DRV, RIF, LRET, REK, RIT, FRI, FTY, PSR, USRT, WREI, IARAX, RORE, PPTY

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