Viewpoint: Data Center REITs and the Quest for Connectivity

April 24, 2017 · reit.com

The data center REIT sector is at a watershed moment where big strategic bets are being made in terms of how best to invest resources in order to maximize real estate rental income streams tied to future connectivity.

RLJ Lodging Trust to Buy FelCor for Approximately $1.2 Billion

April 24, 2017 · reit.com

RLJ Lodging Trust (NYSE: RLJ) said April 24 that it has agreed to buy FelCor Lodging Trust Inc. (NYSE: FCH) in an all-stock transaction that values FelCor at approximately $1.2 billion.

The merger is expected to create the third-largest public lodging REIT. RLJ said the transaction will create a combined company with a pro-forma market capitalization of about $4.2 billion and a total enterprise value of $7 billion. The merged company will have ownership interests in 160 hotels.

REIT Executives See Growth Moderating in 2017

April 20, 2017 · reit.com

REIT executives in the residential, retail and lodging sectors say new supply and changes in consumer habits are likely to result in more moderate growth in 2017 compared with recent years.