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2 of the Best Canadian Stocks to Buy for the Next Decade

Private Hotel REIT to Be Turned Over to Brookfield

. Brookfield Asset Management (NYSE: BAM) is nearing a deal with private, non-traded REIT, or real estate investment trust, Hospitality Investors Trust that would give it control of the hotel owner. The prepackaged bankruptcy would see Brookfield inject additional liquidity into the company as part of a deal to convert its preferred equity into a 43% common equity interest in the REIT. It would give Brookfield control over roughly 100 hotels managed by top brands, mainly in markets in the Southeast. A tough time for hotels The pandemic hit the hospitality sector hard. Travel restrictions and reduced business travel has weighed on hotel occupancy over the past year. That s caused most hotels to burn through cash.

Power Costs, Inc : Brookfield Renewable Ireland geht mit PCI Cloud-Plattform live, um Anforderungen an Kundenabrechnung zu erfüllen

Power Costs, Inc : Brookfield Renewable Ireland geht mit PCI Cloud-Plattform live, um Anforderungen an Kundenabrechnung zu erfüllen
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