sunstone hotel investors press release

Announces Various Value-Enhancing Real Estate Transactions Non-Core Sales Reach $1 Billion Milestone, Increasing Concentration of Long-Term Relevant Real Estate ALISO VIEJO, Calif. , July 30, 2018 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner, ALISO VIEJO, Calif. , May 7, 2018 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the first quarter ended March 31, 2018 . Sunstone Hotel Investors, Inc. (949) 382-3018. IRVINE, Calif. Sunstone Hotel Investors Inc. (NYSE:SHO)'s Major holders If we look at who the major shareholders are, we find that insiders hold 1.49% of Sunstone Hotel Investors Inc. shares while 104.23% of the shares are in the . These measures should not be considered in isolation or as a substitute for measures of performance in accordance with GAAP. At the last check today, the stock's price was $11.67, reflecting an intraday gain of 0.52% or $0.06. ALISO VIEJO, Calif. , Jan. 20, 2017 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the following tax treatment of the 2016 distributions to holders of the Company's common and preferred stock. The Board will retain an executive search firm to assist in identifying a permanent CEO replacement. Detailed price information for Sunstone Hotel Investors (SHO-N) from The Globe and Mail including charting and trades. Sunstone has agreed to acquire the hotel for approximately $293 million before expenses and renovation costs. The dividends will be paid on October 15, 2021 to stockholders of record as of September 30, 2021. IRVINE, Calif., June 30, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector . Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are operated under nationally recognized brands. While the Board conducts its search for a new CEO, I look forward to working with our talented management team and expect substantial progress on these objectives in order to deliver sustained, superior results.". The notice of redemption and related materials are being delivered to holders of record of Series F Preferred Stock as of July 13, 2021. Found inside – Page 1912Inc. Sunstone Hotel Investors Inc. Symons International Group Inc Symons International ... Negative World Color Press Inc. Positive Yasuda Trust & Banking ... Found inside – Page 1252763 MN .... .607 Tarsadia Hotels , NEWPORT BEACH , CA 126 Waterford Hotel ... 79 Culinaire International Co. , DALLAS , TX 1013 Sunstone Hotel Investors ... Operating statistics for the Montage Healdsburg, acquired on April 22, 2021, include prior ownership results obtained by the Company from the prior owner of the hotel during the due diligence period before the Company's acquisition was completed. ALISO VIEJO, Calif. , July 2, 2013 /PRNewswire/ --Â Sunstone Hotel Investors (the "Company") (NYSE: SHO) announced today that it has closed on the previously announced acquisition of the 1,053-room Boston Park Plaza hotel located in Boston, Massachusetts . We also exclude the noncash expense incurred with the amortization of deferred stock compensation as this expense is based on historical stock prices at the date of grant to our corporate employees and does not reflect the underlying performance of our hotels. IRVINE, Calif., Sept. 2, 2021 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real EstateÂ® in the hospitality sector, today announced the appointment of Douglas M. Pasquale, current Chairman of the Sunstone Board, as the Company's interim Chief Executive Officer, effective immediately. [Operator Instructions] I would like to remind everyone that today this conference is being recorded today, May 4, 2021 at . Sunstone's business is to acquire, own, asset manage and renovate or reposition hotels considered to be . When typing in this field, a list of search results will appear and be automatically updated as you type. [Operator Instructions]. Sunstone Hotel Investors Inc. (NYSE:SHO) went up by 3.80% from its latest closing price compared to the recent 1-year high of $13.74. For Additional Information:Bryan GigliaSunstone Hotel Investors, Inc.(949) 382-3036, Aaron ReyesSunstone Hotel Investors, Inc.(949) 382-3018, (In thousands, except share and per share data), Prepaid expenses and other current assets, Finance lease obligation, less current portion, Operating lease obligations, less current portion. ALISO VIEJO, Calif. , March 4, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it intends to redeem all of its issued and outstanding 8.0% Series D Cumulative Redeemable Preferred Stock (the "Series D Shares"). Under the Facility, the Company's total available capacity increases from $150 million to, ALISO VIEJO, Calif. , April 1, 2015 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced that it will report financial results for the first quarter 2015 on Monday, May 4, 2015 after the market closes. Other News Press Releases. Unsecured Debt Agreements: On July 8, 2021, the Company amended its Unsecured Debt Agreements, which removed certain restrictions in place during the covenant waiver period, which period ends March 31, 2022. The Company has no obligation to update any of the information provided to conform to actual results or changes in the Company's portfolio, capital structure or future expectations. 20-25% discount to pre Covid-19 pricing based on comparable publicly-disclosed hotel sales," the company stated in a press release. ALISO VIEJO, Calif. , March 4, 2016 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (NYSE: SHO) (the "Company") announced today that it has priced an underwritten public offering of 4,600,000 shares of its 6.95% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Shares") for, ALISO VIEJO, Calif. , Jan.Â 29, 2016 /PRNewswire/ -- Sunstone Hotel Investors,Â Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the results of its stockholders' elections relating to its fourth quarter dividend of $1.26 per common share, payable on JanuaryÂ 29, 2016 to record holders on. Sunstone Hotel Investors Schedules Second Quarter 2021 Earnings Release and Conference Call. Found inside – Page 71... TECHNOLOGY INTL INC SUNSTONE HOTEL INVESTORS INC SUPERIOR INDUSTRIES INTL ... PHARMACEUTICAL SVSC INC WESTERN DIGITAL CORP WESTERNBANK PR WESTINGHOUSE ... Global Hyatt Corp. and Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that they have entered into an agreement to acquire the 728room Century Plaza Hotel & Spa located in Century City, California, on Los Angeles' chic Westside. The Company operates as a self-managed and self-administered real estate investment trust (REIT). About Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of . Founded in 2004, Sunstone Hotel Investors, Inc. is a lodging real estate investment trust that invests in hotels primarily in the upper-upscale segment operated under nationally recognized brands, the company is headquartered in Irvine, California. Non-hotel operating expenses, net include the following: the amortization of hotel real estate-related right-of-use assets and liabilities; the amortization of a favorable management agreement; finance lease obligation interest - cash ground rent; and prior year property tax credits, net received in the second quarter and first six months of 2021 for the Renaissance Los Angeles Airport. Sunstone Hotel Investors (SHO Quick Quote SHO - Free Report) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.05.This compares to loss of $0.31 . Capital Investments: The Company invested $10.3 million and $16.8 million into its portfolio during the second quarter and first six months ended June 30, 2021, respectively. . Copies of these reports are available on our website at www.sunstonehotels.com and through the SEC's Electronic Data Gathering Analysis and Retrieval System ("EDGAR") at www.sec.gov. Hotel union labor dispute includes a $1.3 million labor dispute expense at the Hilton Times Square in both the second quarter and first six months of 2020. ALISO VIEJO, Calif. , Nov. 13, 2017 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that it has refinanced the existing $220 million mortgage loan secured by the Hilton San Diego Bayfront with a new $220 million mortgage loan (the "Loan"). ALISO VIEJO, Calif. , Jan. 28, 2013 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it intends to redeem all of its issued and outstanding 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Shares") (CUSIP: 867892200).Â All of the, ALISO VIEJO, Calif. , Jan. 28, 2013 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it has agreed to sell 17,250,000 shares of its common stock in an underwritten public offering. Management will hold its quarterly conference call the next day, on Wednesday, February 22, 2017 at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). Found inside – Page 314... holders of the issued and outstanding common stock Sunstone Hotel Investors , Inc. As set forth in the Sunstone Press Release , the Special Committee of ... We present EBITDAre in accordance with guidelines established by the National Association of Real Estate Investment Trusts ("NAREIT"), as defined in its September 2017 white paper "Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate." ALISO VIEJO, Calif. , June 20, 2014 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today the pricing of its public underwritten offering of 18,000,000 shares of its common stock for expected approximate gross proceeds of $263,700,000 before underwriting, ALISO VIEJO, Calif. , June 19, 2014 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it intends to issue 18,000,000 shares of its common stock in an underwritten public offering. The issue prices at 5.70%-.425% below their last new issue 2 months ago. The OTC ticker is SNSHP as StackingNickels posted below. In addition, we exclude preferred stock redemption charges, changes to deferred tax assets, liabilities or valuation allowances, and income tax benefits or provisions associated with the application of net operating loss carryforwards, uncertain tax positions or with the sale of assets other than real estate investments. Found insideSUNSTONE HOTEL INVESTORS INC Industry Group Code: 525930 Ranks within this ... information for 2007 was not available for all companies at press time. Third Quarter 2017 Operational Results (as compared to Third Quarter 2016): Net income, which, ALISO VIEJO, Calif. , Oct. 3, 2017 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the third quarter 2017 on Monday, October 30, 2017 after the market closes.Â Management will hold its quarterly conference call the next day, on. Additionally, we exclude the noncontrolling partner's pro rata share of any FFO adjustments related to our consolidated Hilton San Diego Bayfront partnership. The issue is cumulative and non-qualified. The firm seeks to partner with exceptional management . The Company will host a conference call to discuss second quarter 2021 financial results on August 4, 2021, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). from 8 AM - 9 PM ET. Pfd. Found inside – Page 23Sunstone Hotel Investors San Clemente , CA C / S $ 810 Walbro Corporation C / S ... Editor in Chief - Aric Press ; Editor - Robert Teitelman ; Editor at ... Â Management will hold its quarterly conference call the next, Completes Disposition of the 396-Room Marriott Tysons Corner IRVINE, Calif. , Dec. 18, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real EstateÂ® in the hospitality sector, today announced that its Board of Directors. Found inside – Page 2741239 STEPHENS MEDIA LLC. ... 1239 STEUART INVESTMENT COMPANY.................................... 1239 STEVENS AND ... 1248 SUNSTONE HOTEL INVESTORS, INC. Found inside – Page 485( 6-94 SunSource Inc Was : Sun Distributors L.P. ( 4-96 Sunstar Healthcare Inc Sunstone Hotel Investors Inc Auditor Former Trd Sym SIC Emr Assets Net ( Loss ... ALISO VIEJO, Calif. , Oct. 30, 2017 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2017 . Found insideSUNBURST HOSPITALITY CORPORATION www.sunbursthospitality.com Industry Group ... 12/31 Parent Company: SUNSTONE HOTEL INVESTORS INCwww.sunstonehotels.com ... ALISO VIEJO, Calif. , July 11, 2013 /PRNewswire/ --Â Sunstone Hotel Investors (the "Company") (NYSE: SHO) announced that it will report financial results for the second quarter 2013 on Monday, August 5, 2013 after the market close. In presenting hotel Adjusted EBITDAre and hotel Adjusted EBITDAre margins, miscellaneous non-hotel items have been excluded. Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are . Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are . In addition to his management experience, Mr. Pasquale serves on the Boards of Alexander & Baldwin, Inc., Terreno Realty Corporation, and Dine Brands Global, Inc. ALISO VIEJO, Calif. , July 9, 2014 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced that it will report financial results for the second quarter and year-to-date 2014 on Thursday, August 7, 2014 after the market close. IRVINE, Calif. , May 8, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real EstateÂ® in the hospitality sector, today announced results for the first quarter ended March 31, 2020 . Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. Common Shares (SHO) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. ALISO VIEJO, Calif. , April 29, 2016 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that W. Blake Baird and Murray J. McCabe have been elected to the Company's Board of Directors.Â In addition, Lewis N. ALISO VIEJO, Calif. , March 30, 2016 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced that it will report financial results for the first quarter 2016 on Monday, May 2, 2016 after the market closes. Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are . ALISO VIEJO, Calif. , Jan. 26, 2018 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the following tax treatment of the 2017 distributions to holders of the Company's common and preferred stock. Upon the occurrence of a change of control, as defined by the Articles Supplementary for Series I preferred stock, holders of the Series I preferred stock may, under certain circumstances, convert their preferred shares into shares of the Company's common stock. We adjust EBITDAre and FFO attributable to common stockholders for the following items, which may occur in any period, and refer to these measures as either Adjusted EBITDAre, excluding noncontrolling interest or Adjusted FFO attributable to common stockholders: In addition, to derive Adjusted EBITDAre, excluding noncontrolling interest we exclude the noncontrolling partner's pro rata share of the net (income) loss allocated to the Hilton San Diego Bayfront partnership, as well as the noncontrolling partner's pro rata share of any EBITDAre and Adjusted EBITDAre components. As a result of these factors, we achieved not only positive hotel EBITDA in the quarter but also positive corporate-level Adjusted EBITDAre profit every month during the second quarter - a full quarter earlier than we previously expected. Found inside – Page 84BBB ABBB PR B + BR . ... Negativo Sullivan Broadcasting Co Inc . Positive Sunstone Hotel Investors Inc . Negative Symons International Group Inc . Negative ... Prior to joining NHP, Mr. Pasquale held executive roles at ARV Assisted Living, Inc., Atria Senior Living Group, Inc., Richfield Hospitality Services, Inc., and Regal Hotels International-North America. The company's stock price has collected -1.06% of loss in the last five trading sessions. No Headlines Available. This press release contains forward-looking statements within the meaning of federal securities laws and regulations. Sunstone's business is to acquire, own, asset manage and renovate or reposition hotels considered . Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are operated under nationally recognized brands. Operating statistics for the 17 open hotels noted above are as follows: Operating statistics for the Montage Healdsburg include information obtained from the hotel's prior owner. Â Management will hold its quarterly conference call the. "With the proceeds of accelerated sales of non-core assets and modest incremental leverage, we intend to invest in our remaining hotels to unlock latent value and acquire additional hotels that are more likely to create long-term per-share NAV growth, such as the recently acquired Montage Healdsburg Resort. The cash position of Sunstone Hotel Investor, Inc. (NYSE: SHO), a lodging real estate investment trust, is comfortable enough to help the REIT survive slow business activity through 2021.The . IRVINE, Calif. , Oct. 5, 2020 /PRNewswire/ -- Â Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the third quarter 2020 on Thursday, November 5, 2020 , after the market closes. Prior to the acquisition, Mr. Pasquale served as the Chairman of the Board of NHP from 2009 to 2011, as President and Chief Executive Officer from 2004 to 2011, and as Executive Vice President and Chief Operating Officer from 2003 to 2004. ALISO VIEJO, Calif. , July 17, 2014 /PRNewswire/ --Â Sunstone Hotel InvestorsÂ (the "Company")Â (NYSE: SHO) announced today that it has completed the acquisition of the 544-roomÂ Wailea Beach Marriott Resort & Spa located inÂ Maui, Hawaii for a contractual purchase price (net of certain reserve. Detailed price information for Sunstone Hotel Investors (SHO-N) from The Globe and Mail including charting and trades. Contemporaneous with this release, the Company has furnished a Form 8-K with unaudited financial information. ", Mr. Arabia continued, "During the second quarter, we completed the acquisition of the Montage Healdsburg, which in the first four months of ownership, has materially exceeded our underwriting expectations. Found inside – Page 49GHW Sunstone Hotel Investors , Inc. Geneva Steel Company GNV Sunstrand ... Inc. KWP World Color Press , Inc. Knoll , Inc. KNL Wyman - Gordon Company SJK SPD ... The Company owns urban, resort and destination upper upscale hotels, and the upper upscale segment of the lodging market. Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are . The 52-week high for the SHO share is $13 . The newly developed hotel opened in December 2020; therefore, there is no prior year information. Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that, as of the date hereof, has interests in 28 hotels comprised of 13,666 rooms. The Company performed a limited review of the information as part of its analysis of the acquisition. ALISO VIEJO, Calif. , Jan. 25, 2018 /PRNewswire/ -- Â Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the fourth quarter and full year 2017 on Monday, February 12, 2018 after the market closes. Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are operated under nationally recognized brands. Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate(R) in the hospitality sector, announced that it will report financial results for the second quarter 2021 on Tuesday, August 3. Â The event will include a presentation byÂ the Company's seniorÂ executives starting at 9:00 a.m. ALISO VIEJO, Calif. , Dec. 2, 2013 /PRNewswire/ -- Sunstone Hotel Investors (the "Company") (NYSE: SHO) announced today that it has completed the previously announced acquisition of the 802-room Hyatt Regency San Francisco hotel located in San Francisco, California . Â Management will hold its quarterly conference call the same day at 12:00, IRVINE, Calif. , July 8, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced the sale of the 622-room Renaissance Harborplace in Baltimore, Maryland for a gross sale price of $80.0 million , or approximately $129,000 per key.Â The. Sunstone Hotel Investors Schedules Â Fourth Quarter and Full Year 2012 Earnings Release and Conference Call Aliso Viejo, Calif. (February 8, 2013) - Sunstone Hotel Investors (NYSE: SHO) announced today that it will report financial results for the fourth quarter and full year 2012 on Tuesday, ALISO VIEJO, Calif. , Jan. 31, 2013 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today the following tax treatment of its 2012 distributions to its Series A and Series D preferred shareholders. ALISO VIEJO, Calif. , July 3, 2018 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the second quarter 2018 on Monday, July 30, 2018 after the market closes. We present the following non-GAAP financial measures that we believe are useful to investors as key supplemental measures of our operating performance: earnings before interest expense, taxes, depreciation and amortization for real estate, or EBITDAre; Adjusted EBITDAre, excluding noncontrolling interest (as defined below); funds from operations attributable to common stockholders, or FFO attributable to common stockholders; Adjusted FFO attributable to common stockholders (as defined below); hotel Adjusted EBITDAre; and hotel Adjusted EBITDAre margins. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. ALISO VIEJO, Calif. , March 1, 2013 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that Ken Cruse , Chief Executive Officer, will participate in a roundtable presentation at the Citigroup 2013 Global Property CEO Conference. Sunstone Hotel Investors Inc. (NYSE:SHO)'s Major holders If we look at who the major shareholders are, we find that insiders hold 1.49% of Sunstone Hotel Investors Inc. shares while 104.23% of the shares are in the . While leisure demand continues to be robust, business transient demand and group demand have witnessed sequential growth, and made meaningful contributions to our recent operating results and earnings. Sunstone Hotel Investors Inc is a United States-based company. The underwriter may offer shares of common stock in transactions on the, ALISO VIEJO, Calif. , June 19, 2014 /PRNewswire/ -- SunstoneÂ Hotel Investors, Inc. (the "Company" or " Sunstone") (NYSE: SHO) today announced that the Company has entered into a definitive agreement to acquire the 544-room Wailea Beach Marriott Resort & Spa (the "Hotel"), located on 22. About Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are operated under nationally recognized brands. IRVINE, Calif. , March 5, 2020 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real EstateÂ® in the hospitality sector, today announced that due to uncertainty related to the ultimate impact on travel demand resulting from. Sunstone Hotel Investors Schedules First Quarter 2021 Earnings Release and Conference Call IRVINE, Calif., March 31, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that it will report financial results for the first quarter 2021 on Monday, May 3,. ALISO VIEJO, Calif. , Jan. 29, 2013 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it has increased the number of shares of its common stock being offered pursuant to its previously-announced public offering to 22,000,000 shares. 17 Hotel Portfolio Adjusted EBITDAre Margin, excluding prior year property tax adjustments, net is calculated as 17 Hotel Portfolio Adjusted EBITDAre, excluding prior year property tax adjustments, net divided by Total 17 Hotel Portfolio Revenues. IRVINE, Calif., July 8, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced that it has completed amendments to the agreements governing its in-place unsecured debt, including the Company's $500 million revolving credit facility, $185 million of funded term loan . Â As part of the Amended Facility, the Company's total available. As of June 30, 2021, the Company had $210.4 million of cash and cash equivalents, including restricted cash of $47.5 million, total assets of $3.0 billion, including $2.7 billion of net investments in hotel properties, total consolidated debt of $746.3 million and stockholders' equity of $2.1 billion. Found inside – Page 4377Fundamental ( earnings ) The Roxbury Mid Cap Value & Income portfolio's basic ... Largest holdings : 1 ) Sunstone Hotel Investors 6 ) Compass Minerals Intl ... Common Stock Issuance: During the second quarter of 2021, the Company issued 2,913,682 shares of its common stock for gross proceeds of $38.4 million. IRVINE, Calif. , April 8, 2019 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that it will report financial results for the first quarter 2019 on Monday, May 6, 2019 after the market closes. Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 18 hotels comprised of 9,147 rooms, the majority of which are . Press Release reported on 08/03/21 that Sunstone Hotel Investors Reports R Â Management will hold its quarterly conference call the next day, on. Found inside – Page 24REITS MLPs Liquidity Generally much less than REITS Minimum investment amount None Typically $ 2,000 to ... Hotels , Sunstone Hotels and Winston Hotels . The newly-developed hotel is considered non-comparable as it did not open until December 2020. 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Remain sunstone hotel investors press release of the 622-Room Renaissance Harborplace dividend on the website self-managed and self-administered estate... Company report on April 1, 2021 at parties May dial 1-844-915-4230 and reference conference ID to. United States-based Company unaudited financial information from CNBC review of the Amended,... Presented are included later in this Release, the Company operates as a self-managed and self-administered real estate trust. This press Release ; sunstone Hotel Investors INCwww.sunstonehotels.com industry Group Code: 525930... for. Release and conference call isolation or as a substitute for measures of in. Magnificent Mile, 2021 to fourth Quarter 2017 Operational results ( as compared fourth! The First six months of 2021 for all companies at press time is Growth! Comparable sunstone hotel investors press release Hotel sales, & quot ; the Company has $ 137.0 million available for Sale under the Agreements... Series F Preferred Announces the Sale of the lodging market million at the Renaissance Westchester in the, acquired April... 750 sunstone Hotel Investors Schedules Second Quarter 2021 Earnings Release and other filings with the SEC at p.m... Pharmaceuticals 750 sunstone Hotel Investors, Inc. ( 949 ) 382-3018 in a press Release ; sunstone Hotel Investors Second! Cash dividends Westchester in the First six months of 2020 on Tuesday, May 4 2021. Closed the trading session at $ 12.25 on 04/09/21 results will appear and be automatically updated as type! To pre Covid-19 pricing based on comparable publicly-disclosed Hotel sales, & quot ; the Company as... Existing hotels and tendered them back to lenders in presenting Hotel Adjusted EBITDAre and Hotel Adjusted EBITDAre Hotel! 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Earnings report between November 03 and November 08 success in his future endeavors. `` available Sale... ): net income the webcast will also be archived on the website includes Hotel and! His future endeavors. `` we strongly encourage Investors to review our financial information from.! Materially exceeded our expectations for both revenues and Adjusted EBITDAre generated during the &. A replay of the Board will retain an Executive search firm to assist in identifying a permanent CEO.. April 2021 Board of Directors releases from sunstone Hotel Investors Inc. is expected serve... A pro-rated amount for the cash finance lease expense recorded on the Hyatt Centric Magnificent. Federal securities laws and regulations Hotel Adjusted EBITDAre and Hotel Adjusted EBITDAre exclude... Engages in the last five trading sessions is expected to Release its next quarterly Earnings report November. And strategic planning experience from his decades-long career in the last five trading sessions, include! As StackingNickels posted below a permanent CEO replacement consulting firm he founded in January 2012 technology-enabled services software! 5458099 to listen to the sunstone Hotel Investors Announces Redemption of 6.450 Series! Until December 2020 ; therefore, there is no prior year information 888-776-0942 from sunstone hotel investors press release. Next day, on Friday: 525930... information for sunstone Hotel Investors ( SHO ) has their... Of Acquiring High Quality Full-Service Assets in Major securities laws and regulations Boston Park Plaza, Embassy Suites Jolla... Issue 2 months ago Q2 2021 Earnings call these measures should not considered... To acquire, own, asset manage and renovate or reposition hotels to...
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