RLJ Lodging nets $284.8M in offering, buys Houston properties

03/21/2013 | GlobeSt.com

RLJ Lodging Trust netted $284.8 million in a public offering of 13.8 million common shares that were priced at $21.60 per unit. Separately, the REIT announced it acquired two hotels and a planned hotel conversion in Houston for $79.5 million.

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