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Term Loan Refinancing, Property Sale Completion, and Upcoming Conference Calls - Analyst Notes on Chesapeake Lodging Trust, Columbia Property Trust, DiamondRock Hospitality, DFT and Parkway Properties

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts Review

Jul 11, 2014, 05:30 ET

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NEW YORK, July 11, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Chesapeake Lodging Trust (NYSE: CHSP), Columbia Property Trust, Inc. (NYSE: CXP), DiamondRock Hospitality Company (NYSE: DRH), DuPont Fabros Technology, Inc. (NYSE: DFT) and Parkway Properties Inc. (NYSE: PKY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4684-100free.

Chesapeake Lodging Trust Analyst Notes

On July 3, 2014, Chesapeake Lodging Trust announced that it has successfully refinanced its $60.0 million term loan secured by the 122-room Holiday Inn New York City Midtown and the 185-room Hyatt Place New York Midtown South, which matured on the aforesaid date. According to the Company, the term loan was refinanced with a new 10-year, $90.0 million fixed-rate mortgage loan secured by the two hotels, and was provided by Goldman Sachs Mortgage Company. The loan, which carries a 4.30% per annum fixed interest rate, requires interest-only payments for the first two years and principal and interest payments thereafter based on a 30-year principal amortization. The full analyst notes on Chesapeake Lodging Trust are available to download free of charge at:

http://www.analystsreview.com/Jul-11-2014/CHSP/report.pdf

Columbia Property Trust, Inc. Analyst Notes

On July, 1 2014, Columbia Property Trust, Inc. (Columbia Property Trust) announced its completion of the sale of three separate office buildings for total proceeds of $88.5 million in cash. According to the Company, the transactions include: the sale of 247,624-square-foot Class-A office property at 7031 Columbia Gateway Drive to MICROS Systems, Inc; sale of 128,296-square-foot-Class-A Sun Trust Building at 200 South Orange in Orlando, FL to Susquehanna Holdings, LTD; and sale of the previously vacant 240,274-square-foot Class-B office property at 160 Park Avenue in Florham Park, NJ, to Automatic Switch Company. Commenting on the transactions, Nelson Mills, President and CEO of Columbia Property Trust, said, "Consistent with our previous asset recycling activity, these transactions continue to improve the overall performance and quality of our portfolio by reducing our exposure to single-tenant and suburban assets and tightening our market concentration, from 16 to 15 total markets." The full analyst notes on Columbia Property Trust are available to download free of charge at:

http://www.analystsreview.com/Jul-11-2014/CXP/report.pdf

DiamondRock Hospitality Company Analyst Notes

On July 8, 2014, DiamondRock Hospitality Company (DiamondRock Hospitality) announced that it will report its Q2 2014 financial results on August 8, 2014, before the market opens. The release will be followed by a live conference call that same day at 10:00 a.m. ET. The Management will discuss the Company's operating results, as well as provide its outlook for the remainder of 2014. The conference call can be accessed via the Company's Investor Relations website, and its replay will be available at the same location for a month after the call. The full analyst notes on DiamondRock Hospitality are available to download free of charge at:

http://www.analystsreview.com/Jul-11-2014/DRH/report.pdf

DuPont Fabros Technology, Inc. Analyst Notes

On July 7, 2014, DuPont Fabros Technology, Inc. (DFT) announced that it will release its Q2 2014 operating results on July 24, 2014 before the market opens, which will be followed by a conference call that same day at 1:00 p.m. ET. The conference call will be made available on the Company's Investor Relations website, while a taped rebroadcast will be available on the site one hour after the call concludes until August 1, 2014. The full analyst notes on DFT are available to download free of charge at:

http://www.analystsreview.com/Jul-11-2014/DFT/report.pdf

Parkway Properties Inc. Analyst Notes

On July 3, 2014, Parkway Properties Inc. (Parkway Properties) announced that it will release its Q2 2014 financial results on August 7, 2014, after the market closes, which will be followed by a conference call the next day, August 8, 2014 at 9:00 a.m. ET. The Company's earnings release and supplemental information will be made available on the Company's website prior to the call. The call, as well as its replay, can be accessed on the site and will remain until August 22, 2014. The full analyst notes on Parkway Properties are available to download free of charge at:

http://www.analystsreview.com/Jul-11-2014/PKY/report.pdf

About Analysts Review

We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.

===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.AnalystsReview.com

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