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ARLINGTON, VA-The sale of 12 million shares of common stock leaves MeriStar Hospitality Corp. with about $73 million in cash to spend. The hotel REIT plans to use the funds from the transaction to acquire additional hotel properties within the US.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!