Financing Terms

14 October 2011
• The debt ratio for REITs in the hotels/resorts sector is 41.4%. • Interest coverage for hotels/resorts is above the REIT industry total. • The implied market capitalization for all REITs during the second quarter was more than US$460 billion. • More.


22 August 2011
• The US$110-million loan on the Loews Santa Monica Beach matures 14 July 2015. • The Hilton Minneapolis’ US$100-million loan amortizes on a 25-year schedule and is non-recourse. • Aareal Capital Corporation was the lender for the InterContinental Chicago’s US$85-million financing. • More.


22 March 2011
• FelCor Lodging Trust has US$539.2 million of debt maturing in 2011. • Including debt premium and discounts, net, Strategic Hotels & Resorts has US$1.1 billion of debt maturing past 2015. • Host Hotels & Resorts has US$1.3 billion of debt maturing between 2011 and 2013. • More.