Here We Go Again
U.S. equity markets declined for a second-straight week, while benchmark interest rates surged to the highest levels of the year after inflation data showed an unwelcome reacceleration in price pressures. Uncomfortably reminiscent of the mid-2023 inflation reacceleration, the path towards disinflation has been stymied by resurgent oil prices resulting from a further intensification of Middle…
Read MoreStocks Stumble • Canada SFR Crackdown • MPW In Focus
We recently launched Income Builder – our premium income-focused research service on Seeking Alpha. Our focus is on real income-producing asset classes that offer reliable income, diversification, and inflation-hedging opportunities. Start a Free Two-Week Trial today! U.S. equity markets tumbled Friday while benchmark interest rates retreated from four-month highs in a global “risk-off” trade as…
Read MoreInvestor Sues Monty Bennett Over Use of Nonprofit Media Outlet
Monty Bennett and some board members for his company, Ashford Hospitality Trust, have been hit with a lawsuit, alleging misconduct in a proxy fight involving Bennett’s hotel operation. The plaintiff, an out-of-state investor named Jason Aintabi, contends that Bennett unlawfully used his nonprofit media outlet, the Dallas Express, to influence shareholders, D Magazine reported. The lawsuit claims that…
Read MoreHedge Fund Fires Back At Hotel REIT With Proxy Contest Suit
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Read MoreBlackwells Unveils Takeover Plans For Hospitality REIT
Please view the news story here: https://www.law360.com/articles/1823793/blackwells-unveils-takeover-plans-for-hospitality-reit
Read MoreBraemar Shareholders Are Being Burned, While Ashford Inc. Enjoys (The) Shade
Blackwells Files Definitive Proxy Statement for Braemar Hotels & Resorts Inc.’s 2024 Annual Meeting
NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) — Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR) has filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its nomination of four highly qualified candidates—Jennifer M. Hill, Betsy L. McCoy,…
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