ESH Hospitality Expanding Footprint in Extended-Stay Market

March 23, 2017 · reit.com

ESH Hospitality, Inc. (NYSE: STAY), the owner of more than 620 hotels in North America, is looking to build its presence in the extended-stay hotel business by taking a “deliberative” approach to growth in the coming years.

ESH is the REIT subsidiary of Extended Stay America (ESA), Inc. ESH and ESA shares trade as a single unit.

The company’s brand, Extended Stay America, serves the mid-priced, extended-stay hotel segment. The average length of stay for one of the company’s customers is around 26 days.

Self-Storage Lender Jernigan Capital Looks Beyond Development Cycle

March 02, 2017 · reit.com

While Jernigan Capital, Inc. (NYSE: JCAP) has only been in operation since 2015, founder Dean Jernigan’s roots in the self-storage industry go back more than 30 years. His experience and that of others on the Jernigan Capital team have enabled the company to develop a unique niche in providing debt and equity capital to private developers, owners and operators of self-storage facilities, according to John Good, president and chief operating officer.

Spirit Realty’s Greenstreet Helps Net Lease REIT “Hit the Reset Button”

February 15, 2017 · reit.com

Triple-net lease REIT Spirit Realty Capital’s (NYSE: SRC) relocation to Dallas from Scottsdale, Arizona, afforded the company an opportunity to reshape its human capital and corporate culture. The woman at the center of all that change is Michelle Greenstreet, the company’s chief administrative officer.

Greenstreet, a native of the Dallas area, says the firm is drawing on the diverse backgrounds of a new workforce to create a more collaborative and process-oriented identity.