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February 07, 2016 6:57 PM ET

Real Estate Investment Trusts (REITs)

Company Overview of American Hotel Income Properties REIT LP

Company Overview

American Hotel Income Properties REIT LP engages in the acquisition and operation of hotel properties in the United States. The company operates a portfolio of 32 hotel properties that represent a total of 2,565 rooms located in 19 states primarily under the Oak Tree Inn brand name, as well as 23 restaurants under the Penny’s Diner brand name. Its property chain of crew lodging facilities serves freight railroad industry. American Hotel Income Properties REIT (GP) Inc. operates as the general partner of the company. American Hotel Income Properties REIT LP was founded in 2012 and is headquartered in Vancouver, Canada.

401 West Georgia Street

Suite 1690

Vancouver, BC V6B 5A1

Canada

Founded in 2012

Phone:

604-684-0444

Fax:

604-684-0482

Key Executives for American Hotel Income Properties REIT LP

Chief Executive Officer of American Hotel Income Properties Reit (GP) Inc and Director of American Hotel Income Properties Reit (GP) Inc
Age: 65
Total Annual Compensation: $350.0K
Chief Financial Officer of American Hotel Income Properties Reit (GP) Inc and Corporate Secretary of American Hotel Income Properties Reit (Gp) Inc
Total Annual Compensation: $140.0K
Chief Investment Officer of American Hotel Income Properties Reit (GP) Inc
Age: 56
Total Annual Compensation: $174.0K
Director of Finance - American Hotel Income Properties Reit (GP) Inc
Total Annual Compensation: $140.0K
Special Projects Consultant
Total Annual Compensation: $264.0K
Compensation as of Fiscal Year 2014.

American Hotel Income Properties REIT LP Key Developments

American Hotel Income Properties REIT LP Announces Change to U.S. Dollar Denominated Cash Distributions

American Hotel Income Properties REIT LP announced that its Board of Directors has approved a change to U.S. dollar denominated cash distributions (based on the Bank of Canada's closing U.S. dollar exchange rate as at January 22, 2016). The change will take effect for the April 2016 distribution payable on May 13, 2016 to unitholders of record on April 29, 2016. Accordingly, AHIP's monthly cash distributions will become $0.054 per unit compared with CAD 0.075 per unit prior to the change in currency denomination.

American Hotel Income Properties REIT LP Announces January 2016 Cash Distribution, Payable on February 15, 2016

American Hotel Income Properties REIT LP announced a cash distribution of CAD 0.075 per limited partnership unit for the period of January 1, 2016 to January 31, 2016, which is equivalent to CAD 0.90 per Unit on an annualized basis. The distribution will be paid on February 15, 2016 to unitholders of record at the close of business on January 29, 2016.

American Hotel Income Properties REIT LP Announces Board Appointments

American Hotel Income Properties REIT LP announced the appointment of Ms. Beth Walters and Mr. Richard Frank to its Board of Directors effective immediately. Ms. Walters has substantial experience in the hotel industry, currently as President of hospitality consulting company BWC and having previously served as a National PKF Consulting Canada Director and Director for Western Canada for over 21 years. Based in Vancouver, Ms. Walters provides advisory services, strategic planning, feasibility analysis and development support as well as valuations and appraisals for hotels and other hospitality related businesses. Ms. Walters' experience includes a wide variety of public and private sector projects for a myriad of property types, franchises, ownership and management structures and in these capacities has provided advisory services for hotel industry assets valued in the billions of dollars. Mr. Frank's experience includes serving as Chief Investment Officer at Pillar Hotels and Resorts, one of the largest independent management companies in the United States; serving as Senior Vice President Hotel Investments at Behringer Harvard, a real estate investment management firm that has managed over $6 billion of equity; and serving as Vice President at AEW Capital Management and Olympus Real Estate Partners.

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