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Watermark Lodging Trust, Inc. (“Watermark,” “WLT” or the “Company”) announced today that it has entered into a definitive agreement with private real estate funds managed by Brookfield (“Brookfield”), under which Brookfield will acquire all of the outstanding shares of common stock of Watermark for $6.768 per Class A share and...
Watermark Lodging Trust, Inc. (“Watermark,” “WLT” or the “Company”) announced today that it has entered into a definitive agreement with private real estate funds managed by Brookfield (“Brookfield”), under which Brookfield will acquire all of the outstanding shares of common stock of Watermark for $6.768 per Class A share and $6.699 per Class T share in an all-cash transaction valued at $3.8 billion, including the assumption of debt and preferred equity. The purchase price represents a premium of over 7.5% from the most recently published Net Asset Values per share as of Decem...
/PRNewswire/ -- Watermark Lodging Trust, Inc. ("Watermark," "WLT" or the "Company") announced today that it has entered into a definitive agreement with...
/PRNewswire/ -- Watermark Lodging Trust, Inc. ("Watermark," "WLT" or the "Company") announced today that it has entered into a definitive agreement with...
$3.8 Billion All-Cash Transaction Provides Liquidity for Watermark Lodging Trust StockholdersCHICAGO, May 6, 2022 /PRNewswire/ -- Watermark Lodgin...