American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

RE:RE:RE:US Hotel REITs have recovered

[Zoolanders21]

I agree that an initial lower dividend will be reinstated either late 2021 or early 2022. It will not be precovid levels. The $50 mil investment from Bentall GreenOak is really just a loan, it is actually at 9% and increases. As long as they cover the interest payment the balance can be distributed in dividends. They also get 2.5 million warrants at around $4.50 I believe so that will add some cash but cause a little dilution, AHIps hotels are all in great locations and performing above the US average in occupancy and RevPar. I expect a move up over $5 after Q2 results amd $6 once a partial dividend is reinstated. I bought 100,000 shares late last year at the $2 to $3 level. GLTA