|Bid||46.09 x 900|
|Ask||46.11 x 2200|
|Day's Range||45.85 - 46.59|
|52 Week Range||29.09 - 46.59|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 13, 2021|
|Forward Dividend & Yield||0.52 (1.13%)|
|Ex-Dividend Date||Feb 25, 2021|
|1y Target Est||54.30|
A long history of strong returns is drawing well-known real estate investors to snap up these properties.
Brookfield Asset Management (NYSE: BAM) is nearing a deal with private, non-traded REIT, or real estate investment trust, Hospitality Investors Trust that would give it control of the hotel owner. The prepackaged bankruptcy would see Brookfield inject additional liquidity into the company as part of a deal to convert its preferred equity into a 43% common equity interest in the REIT. It would give Brookfield control over roughly 100 hotels managed by top brands, mainly in markets in the Southeast.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Forest City Enterprises, LP (New)Global Credit Research - 14 Apr 2021New York, April 14, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Forest City Enterprises, LP (New) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 7 April 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.