CHICAGO--(BUSINESS WIRE)--As Inland American Real Estate Trust’s estimated share value remains far below the price original investors paid, the Trust’s growing exposure to hotels is examined in a new report by UNITE HERE.
The report questions whether Inland American’s hotel portfolio will see enough return to boost its share price in time for the Trust’s anticipated exit. It also compares Inland American’s liquidity progress to its younger sister REIT, Inland Diversified, and asks the following questions:
- Why isn’t Inland American returning more capital to its shareholders?
- Why has it continued to plow money into hotels?
- How long will investors have to wait for Inland American’s exit?
“With over $5.7 billion invested in this volatile asset class and $1.4 billion that went to insiders in fees and expenses, Inland American shareholders deserve details about how they are going to get their investments back,” says Mike French, research analyst for UNITE HERE.
To view or download the free report, go to http://www.inlandinvestoralert.org/reports/
UNITE HERE is a union representing over 275,000 employees in the hotel, food service, and gaming industries. Its members are beneficiaries of pension funds with over $60 billion in assets. We believe investors and employees alike are better served by strong corporate governance practices. UNITE HERE Local 19 has a labor dispute at a hotel owned by Inland American.