LuxUrban Hotels Inc

LuxUrban Hotels is guiding to grow its units available for rent by at least 280% next year. An asset-light operating model is being used to take on the leases of partially distressed hotel properties in New York, Miami Beach, and Los Angeles. The preferreds offer a 13.6% yield on cost and a 4.4% discount to par but are incredibly speculative and would offer less upside than the commons against growth plans. » Mehr auf seekingalpha.com

MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, today announced that it will present and host one-on-one meetings with investors at the Sidoti Micro-Cap Virtual Investor Conference, taking place on November 15-16, 2023. The Company's presentation will begin at 3:15 pm ET on November 15, 2023 and ca. » Mehr auf businesswire.com

Carlyle Credit Income Fund priced an offering of preferred stock with a fixed dividend rate of 8.75%. LuxUrban Hotels priced an offering of preferred stock with a monthly fixed dividend rate of 13%. SWK Holdings priced an offering of exchange traded senior notes with a 9% interest rate. » Mehr auf seekingalpha.com