{"id":1004091033,"date":"2014-02-10T07:16:08","date_gmt":"2014-02-10T15:16:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004091033"},"modified":"2022-12-08T18:57:41","modified_gmt":"2022-12-09T02:57:41","slug":"rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/","title":{"rendered":"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M"},"content":{"rendered":"<p><i>By Scott Baltic, Contributing Editor<\/i><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004091069\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/hyatt-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg\" data-orig-size=\"838,559\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"HYATT\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg?w=838\" class=\"alignleft size-medium wp-image-1004091069\" alt=\"HYATT\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg 838w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg?resize=768,512 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>RLJ Lodging Trust, of Bethesda, Md., and affiliates of Hyatt Hotels Corp. have entered into a definitive agreement for RLJ to acquire for about $313 million a portfolio of 10 Hyatt, Hyatt Place and Hyatt House hotels totaling 1,560 rooms, the parties announced Thursday. The transaction is expected to be completed next month.<\/p>\n<p>A Hyatt affiliate will continue to manage the hotels, which are mostly on the West Coast, under new management agreements. RLJ intends to invest about $25 million in capital expenditures, most of it over the next 24 months, across the Hyatt portfolio.<\/p>\n<p>RLJ expects to fund the acquisition through a combination of various financial resources, including cash on hand, its undrawn revolving credit facility and debt financing.<\/p>\n<p>The hotels in the portfolio are:<\/p>\n<p>Hyatt House Cypress\/Anaheim; Cypress, Calif.; 142 keys<\/p>\n<p>Hyatt House Emeryville\/SF Bay Area; Emeryville, Calif.; 234 keys<\/p>\n<p>Hyatt Place Fremont\/Silicon Valley; Fremont, Calif.; 151 keys<\/p>\n<p>Hyatt House San Diego\/Sorrento Mesa, San Diego, 193 keys<\/p>\n<p>Hyatt House San Jose\/Silicon Valley; San Jose, Calif.; 164 keys<\/p>\n<p>Hyatt House San Ramon; San Ramon, Calif.; 142 keys<\/p>\n<p>Hyatt House Santa Clara; Santa Clara, Calif.; 150 keys<\/p>\n<p>Hyatt Market Street, The Woodlands; The Woodlands, Texas; keys<\/p>\n<p>Hyatt House Charlotte\/Center City; Charlotte, N.C.; 163 keys<\/p>\n<p>Hyatt Place Madison\/Downtown; Madison, Wis.; 151 keys<\/p>\n<p>Once this acquisition is completed, Thomas Baltimore, RLJ\u2019s president\/CEO, said in a release, \u201cwe will have acquired almost $900 million of assets since our IPO. This deal will be immediately accretive to the portfolio and will reinforce our stated goal of becoming the aggregator in this segment.\u201d<\/p>\n<p>\u201cThis transaction demonstrates the value from asset recycling. We were able to successfully convert hotels in key markets to Hyatt brands and sell these hotels to a high-quality owner while maintaining long-term presence in key markets,\u201d Steve Haggerty, Global Head, Real Estate and Capital Strategy for Hyatt, said in the release.<\/p>\n<p>With the addition of this portfolio, the majority of which was acquired by Hyatt in 2011, RLJ will more than double its hotel EBITDA on the West Coast. RLJ estimates that the portfolio\u2019s 2013 aggregate RevPAR will be greater than $120, which is more than a 10 percent premium to RLJ\u2019s projected RevPAR for 2013.<\/p>\n<p>The addition of the Hyatt portfolio will bring RLJ to 158 hotels, totaling about 24,000 keys, in 24 states and the District of Columbia.<\/p>\n<p>Hotel transactions last year totaled about $26.1 billion, or about 28 percent higher than in 2012, according to The Big Picture, a 2013 year-in-review report published last month by Real Capital Analytics.<\/p>\n<p>\u201cThe hotel sector led all other property types in terms of volume gains and was also a leader in terms of price appreciation,\u201d the report stated. The recovery was reportedly also broadly based, extending to limited-service properties and to secondary and tertiary locations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RLJ Lodging Trust and affiliates of Hyatt Hotels Corp. have entered into a definitive agreement for RLJ to acquire a portfolio of 10 Hyatt, Hyatt Place and Hyatt House hotels totaling 1,560 keys for $313 million.<\/p>\n","protected":false},"author":882,"featured_media":1004091069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21751,21783,21742,15],"tags":[],"class_list":["post-1004091033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotel","category-investment","category-latest","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M\" \/>\n<meta property=\"og:description\" content=\"RLJ Lodging Trust and affiliates of Hyatt Hotels Corp. have entered into a definitive agreement for RLJ to acquire a portfolio of 10 Hyatt, Hyatt Place and Hyatt House hotels totaling 1,560 keys for $313 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-02-10T15:16:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:57:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"838\" \/>\n\t<meta property=\"og:image:height\" content=\"559\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/\"},\"author\":{\"name\":\"Scott Baltic\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"headline\":\"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M\",\"datePublished\":\"2014-02-10T15:16:08+00:00\",\"dateModified\":\"2022-12-09T02:57:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/\"},\"wordCount\":465,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/HYATT.jpg\",\"articleSection\":[\"Hotel\",\"Investment\",\"News\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/\",\"name\":\"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/HYATT.jpg\",\"datePublished\":\"2014-02-10T15:16:08+00:00\",\"dateModified\":\"2022-12-09T02:57:41+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/HYATT.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/HYATT.jpg\",\"width\":838,\"height\":559},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/scott-baltic\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/","og_locale":"en_US","og_type":"article","og_title":"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M","og_description":"RLJ Lodging Trust and affiliates of Hyatt Hotels Corp. have entered into a definitive agreement for RLJ to acquire a portfolio of 10 Hyatt, Hyatt Place and Hyatt House hotels totaling 1,560 keys for $313 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-02-10T15:16:08+00:00","article_modified_time":"2022-12-09T02:57:41+00:00","og_image":[{"width":838,"height":559,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg","type":"image\/jpeg"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/"},"author":{"name":"Scott Baltic","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"headline":"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M","datePublished":"2014-02-10T15:16:08+00:00","dateModified":"2022-12-09T02:57:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/"},"wordCount":465,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg","articleSection":["Hotel","Investment","News","West"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/","url":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/","name":"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg","datePublished":"2014-02-10T15:16:08+00:00","dateModified":"2022-12-09T02:57:41+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg","width":838,"height":559},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/rlj-lodging-trust-picks-up-10-hotel-portfolio-from-hyatt-affiliates-for-313m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"RLJ Lodging Trust Picks Up 10-Hotel Portfolio from Hyatt Affiliates for $313M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/HYATT.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004091033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004091033"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004091033\/revisions"}],"predecessor-version":[{"id":1004623574,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004091033\/revisions\/1004623574"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004091069"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004091033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004091033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004091033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}