Richmond, Va.-based Apple Hospitality REIT announced today that its common shares have been listed and have begun trading on the New York Stock Exchange. In connection with its listing on the NYSE, Apple Hospitality has commenced a modified “Dutch auction” ...
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Feed SubscriptionLa Quinta Releases Amended IPO Details
It looks like La Quinta is heading back to the New York Stock Exchange, according to this tidbit from Nasdaq.com. The budget hotel operator, owned by Blackstone, announced that it has increased its proposed offering to $650 million in an amendment ...
Read More »Starwood Capital Possibly Prepping Share Sale
Starwood Capital, the Stamford, Conn.-based real estate investment company that owns more than 100 hotels in the U.S., is possibly considering selling shares to investors, according to
Read More »Blackstone Files for La Quinta IPO
Following the successful and lucrative initial public offering for Hilton Worldwide, Blackstone has officially filed with the SEC to take La Quinta public. According to this article from the Wall Street Journal, La Quinta Holdings has announced plans to raise ...
Read More »Extended Stay America Launches of IPO
CHARLOTTE, N.C.—Extended Stay America and ESH Hospitality Inc. (ESH REIT) announced that they have commenced an initial public offering of 28,250,000 paired shares, consisting of Common Stock of Extended Stay America, Inc., and Class B Common Stock of ESH Hospitality, ...
Read More »Extended Stay America Expects IPO to Reach $500 Million
When Extended Stay America, owned by Blackstone Group, Centerbridge Partners LP and Paulson and Co., filed plans for an initial public offering back in July, the company filed with a placeholder amount of $100 million. But according to this report ...
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