July 25, 2016 7:16 PM ET

Real Estate Investment Trusts (REITs)

Company Overview of Chesapeake Lodging Trust

Company Overview

Chesapeake Lodging Trust is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily invests in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations. The firm was formerly known as Crown Hospitality Trust. Chesapeake Lodging Trust was founded in June 2009 and is based in Annapolis, Maryland.

1997 Annapolis Exchange Parkway

Suite 410

Annapolis, MD 21401

United States

Founded in 2009

12 Employees



Key Executives for Chesapeake Lodging Trust

Chief Executive Officer, President and Trustee
Age: 54
Total Annual Compensation: $1.1M
Chief Financial Officer, Executive Vice President and Trustee
Age: 57
Total Annual Compensation: $617.5K
Chief Operating Officer and Executive Vice President
Age: 52
Total Annual Compensation: $617.5K
Chief Accounting Officer, Senior Vice President and Secretary
Age: 43
Total Annual Compensation: $409.5K
Compensation as of Fiscal Year 2015.

Chesapeake Lodging Trust Key Developments

Chesapeake Lodging Trust Completes $150.0 Million Mortgage Financing on Hyatt Regency Boston

Chesapeake Lodging Trust announced that it has closed on a $150.0 million fixed-rate mortgage loan. The loan is secured by the 502-room Hyatt Regency Boston and was provided by MetLife. The 10-year loan carries a fixed interest rate of 4.25% per annum, with principal and interest payments based on a 30-year amortization. Proceeds from the loan are expected to be used to repay outstanding borrowings under the Trust’s revolving credit facility.

Chesapeake Lodging Trust Presents at REITWeek Investor Forum, Jun-07-2016

Chesapeake Lodging Trust Presents at REITWeek Investor Forum, Jun-07-2016 . Venue: The Waldorf Astoria, New York, New York, United States.

Chesapeake Lodging Trust Approves Amendment to the Charter

Chesapeake Lodging Trust announced that at its Annual Meeting held on May 17, 2016, the shareholders approved the proposal relating to amending charter to permit shareholders to act to amend bylaws or make new bylaws pursuant to binding proposals submitted to them for approval by the Board or certain eligible shareholders.

Similar Private Companies By Industry

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Recent Private Companies Transactions

September 29, 2015

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