Hotel REIT transactions will restart soon, panelists say

09/14/2011 | HotelNewsNow.com

Hotel transactions by REITs have slowed since August, when capital markets turned upside down. However, panelists at the Bank of America Merrill Lynch 2011 Global Real Estate Conference say activity will resume. "We still feel as good as we did five weeks ago," said Michael D. Barnello, president and CEO of LaSalle Hotel Properties.

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