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CHSP News

Chesapeake Lodging Trust quiet period ends March 2

Chesapeake Lodging Trust, a specialty REIT planning to acquire upper upscale hotel properties, will see its quiet period end on Mar. 2, 2010. On Jan. 21, 2010, the company raised $150 million by offering 7.5 million shares at $20 per share. J.P. Morgan and...read more

Three out of six IPOs price this week, post mixed results

SYA

Of the six deals scheduled to price Thursday night, three priced: Symetra Financial (SYA), Chesapeake Lodging Trust (CHSP) and Cellu Tissue Holdings (CLU). Symetra Financial (SYA), a White Mountains- and Berkshire Hathaway-backed life insurer that...read more

Hotel REIT Chesapeake Lodging raises $150 million, as expected

Chesapeake Lodging Trust, a newly formed REIT planning to acquire upper upscale hotel properties, raised $150 million by offering 7.5 million shares at $20 each on Thursday. The firm had originally attempted to raise $250 million in December before electing to ...read more

Three more companies set IPO terms, six deals scheduled to price this week

Three companies recently filed terms for their upcoming IPOs: Chesapeake Lodging Trust (CHSP), which plans to invest in upscale hotel properties, Patriot Risk Management (PMG), which provides workers' compensation insurance and risk transfer solutions and...read more