Feb 24 (Reuters) - TravelCenters of America LLC is being urged by activist investor Russell Glass to sell and lease back stores and to spin off its truck-repair business, Bloomberg reported, citing a letter from Glass's RDG Capital Fund Management.
45 $181.24 Commonwealth Reit TANN 7.88% $25.71 400 $10,468.00 $825.00 $0.52 $206.24 Travel Centers Of America $198,880.04 $3,775.14 ARCC 8.34% $17.80 500 $9,110.00 $760.00 $0.43 $215.00 Ares
30 to 50 more by the end of the year. Shell has an agreement to build refueling stations at as many as 100 TravelCenters of America and Petro Stopping Centers while ENN, a privately held Chinese company, hopes to build 500 filling stations
bump of 1.8%. We also continue to think that HPT's truck stop tenant, TravelCenters TA , will make good on its payments. Though coverage metrics for TravelCenters lag a quarter, it is notable that coverage was at approximately 2 times minimum
disassociates managers' interests from investors'. Moreover, RMR manages Hospitality Properties' largest tenant, TravelCenters TA , which constitutes 40% of the REIT's investments. However, we are fans of Hospitality Properties' balance
drive harder bargains if the hotel recovery proves weak and security features diminish again moving forward. Its TravelCenters TA portfolio continues to perform to renegotiated levels; we do not anticipate another haircut to rents after the 18
manages Hospitality Properties' largest tenant, TravelCenters TA , which constitutes 40% of the REIT's investments ..... Hospitality Properties' best interests with regard to TravelCenters ' leases, since it manages both. However, we are
midtier quality of its portfolio, in our view. As expected, TravelCenters TA , HPT's truck-stop tenant, easily made rent coverage ..... room on rent, we don't expect any more rent reductions on TravelCenters leases to occur.
HPT's truck stop tenant, TravelCenters TA , appears to be making decent ..... third straight quarter that TravelCenters would have covered its rent ..... levels. This indicates that TravelCenters should cover its revised rent
renegotiated the leases of its largest tenant, TravelCenters TA . We had been concerned that TravelCenters ' rent deferrals would ultimately become ..... total contractual rent due to HPT from TravelCenters prior to the renegotiation was $231 million