Chesapeake Lodging Trust maybe be exploring the possibility of a sale, says Globe St. The REIT would join three other public-to-private REIT transaction closings that have taken place in the past week–Blackstone’s closing on the acquisition of BioMed Realty Trust; Starwood Capital Group’s purchase of Equity Residential; and Starwood’s additional acquisition of Landmark Apartment Trust in partnership with Milestone Apartment REIT.
The Wall Street Journal initially reported Chesapeake’s possible sale, but the article has been removed from its website.