IPO News Archive

Specialty REIT Chesapeake Lodging Trust files for an IPO

9/29/09


Chesapeake Lodging Trust, a specialty REIT planning to acquire upscale hotel properties, filed on Monday with the SEC to raise up to $460 million in an initial public offering. The Fairfield, NJ-based company, which was founded in 2009, plans to list on the NYSE although the ticker has yet to be determined. J.P. Morgan is the lead underwriter on the deal. No pricing terms were disclosed.

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