Hotels

Contrary to expectations, REITs perform as well or better that the S&P when interest rates increase.

The investor sold the 169-guest room Hilton Garden Inn San Francisco Airport North through a joint venture with GIC.

This is the REIT's sixth hotel in South Florida.

Watermark's portfolio consists of 25 luxury or upscale properties totaling over 8,100 rooms.

Some key hiring categories are slowing, suggesting tougher performance ahead.

RevPAR for the upper tier will grow more quickly than in lower tier properties this year and next.

The real estate platform's inaugural fund vehicle includes primary commitments of $245.7 million and co-investments of $67 million.

The REIT plans to invest $60 million in a repositioning of the property.