Was originally issued by LaSalle Hotels
Sector: REIT
Pebblebrook Hotels, 6.30% Series J Cumulative Redeemable Preferred Shares
Was originally issued by LaSalle Hotels
Vornado Realty Trust 5.40% Series L Cumulative Redeemable Preferred Stock
Urstadt Biddle Properties, 6.75% Series G Cumulative Redeemable Preferred Stock
Bluerock Residential Growth REIT, Inc. 7.625% Series C Cumulative Redeemable Preferred Stock
Effective 7/19/2023 the coupon will be increased 2% and will be increased 2% on each anniversery date to a maximum of 14% unless redeemed
If the company fails to maintain an asset coverage ratio of 200% the company must redeem enough shares (which may include some of these preferred shares) to cause the company to meet the asset coverage ratio.