RLJ: A Lodging Ghost and the Weight of Refinancing

The acquisition, documented in a filing that smelled faintly of bureaucracy and regret, elevates H/2’s stake to a commanding $71.39 million. An increase of $26 million from the previous period. One can almost picture the accountants, hunched over their ledgers, muttering incantations to ward off the specter of insolvency. It is, after all, a lodging trust. A place where hopes are checked at the door, along with umbrellas and reasonable expectations. But let us not dwell on the melancholy. There is a story here, and it involves, surprisingly, not thread count or continental breakfasts, but the rather prosaic matter of debt.







