📊 Topic

Convertible Notes

2 stories · First covered Apr 26, 2026 · Latest 4d ago
Related: RevPAR 2 San Francisco 1 Capital allocation 1 Chicago 1 Pebblebrook Hotel Trust 1 Select-Service Hotels 1 Leverage ratio 1 Hotel EBITDA 1 Adjusted EBITDAre 1 FFO (Funds From Operations) 1 Capital Expenditure (Cap-ex) 1 Summit Hotel Properties 1
Convertible Notes Coverage
Summit's CFO Just Walked. The Stock Dropped 8%. And Nobody's Saying Why.
REITs
4d ago

Summit's CFO Just Walked. The Stock Dropped 8%. And Nobody's Saying Why.

When a REIT's CFO leaves "for personal reasons" and the CEO picks up the financial officer title himself, the press release is doing exactly what it's designed to do. What it's not doing is telling you what happens next inside a portfolio of select-service hotels that just lost $1.7 million in EBITDA quarter over quarter.

MS
Mike Storm 3 min read · 4d ago
Pebblebrook Beat on FFO and Still Lost Money. That's the Whole Story.
REITs
Apr 26

Pebblebrook Beat on FFO and Still Lost Money. That's the Whole Story.

Pebblebrook's Q3 2025 numbers show a company that outperformed estimates on FFO and RevPAR while posting a net loss north of $30 million. The "beat" headlines miss what the owner's actual return looks like after debt service, cap-ex, and a $0.01 quarterly dividend.

JC
Jordan Chen 2 min read · Apr 26