Ashford Hospitality Trust, Inc. (AHT) has taken another step in its strategic plan to deleverage and optimize its portfolio. The Dallas, TX-based REIT announced a definitive agreement to sell the 242-room Hilton Houston NASA Clear Lake in Houston, TX, for $27 million. The transaction, subject to closing conditions, is expected to be completed in June 2025.The sale represents an attractive exit for Ashford, yielding a capitalization rate of 3.2% on net operating income (NOI) or 23.6X Hotel EBITDA after adjus ...

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, successfully held its first European auction at the Concorso d'Eleganza Villa d'Este, achieving total sales of €31,172,625 with 78% of lots sold [2][3][11] Auction Highlights - The standout sale was a 1948 Ferrari 166 Spyder Corsa, which set a new auction record by selling for €7,543,750 [4][11] - Other notable sales included a 1989 Ferrari F40 Competizione for €2,312,500 and a 2003 Honda NSX-R for €934,375, which also set a world auction record [6][12] - The auction featured a dedicated BMW-only sale, with a 1980 BMW M1 selling for €602,500 [8][11] Sales Performance - The auction took place over two days, May 24 and 25, with over 8,000 viewers watching live on YouTube [3][11] - The auction included over 70 vehicles, showcasing a mix of classic and modern cars, attracting bidders from various countries [6][12] Future Plans - Broad Arrow Auctions plans to expand its European sale calendar throughout 2025, following the success of this inaugural event [9][12]

在全球成长投资的舞台上，英国老牌资产管理公司 Baillie Gifford （柏基投资）算是一个传奇。 这家成立于 1908 年、本部在爱丁堡的机构，曾精准捕捉到特斯拉、亚马逊、 ASML 、 SpaceX 、字节 跳动等超级成长股，成为全球少数敢于长期押注颠覆性创新的投资巨头。 点击阅读：《 巨头Baillie Gifford的百年传奇史：始于一战前的投资 》 而它的旗舰产品苏格兰抵押信托（ Scottish Mortgage Investment Trust ，简称 SMT ），则被视作超 长期投资的风向标。 这些经典案例离不开前任传奇基金经理詹姆斯 · 安德森（ James Anderson ）20多年的奠基 。（点击 阅读：《 "科技投资大师"Baillie Gifford詹姆斯·安德森的临别交流：如果能忍受意外波动，寻找"极端 赢家"会是最好的投资方式 》） 2022 年安德森正式退休，接力棒交到了汤姆 · 斯莱特（ Tom Slater）和劳伦斯 · 伯恩斯（ Lawrence Burns）手中，两人共同掌舵，带领 SMT 在震荡时代继续前行。 根据 2025 年 3 月底最新发布的年度报告， ...

Oxford Square Capital Corp. (OXSQ) has been on a downward spiral lately with significant selling pressure. After declining 7.5% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spottin ...

Core Viewpoint - The article provides an overview of the preferred stock and baby bond market, highlighting both individual news and broader market trends, while emphasizing the expertise of the ADS Analytics team in generating income ideas from various security types [1]. Group 1: Market Overview - The preferred stock and baby bond market is analyzed from both a bottom-up and top-down perspective, focusing on individual events and overall market conditions [1]. Group 2: Analyst Expertise - ADS Analytics consists of analysts with extensive experience in research and trading at leading global investment banks, specializing in income-generating ideas across different security types, including CEFs, ETFs, mutual funds, BDCs, and individual preferred stocks and baby bonds [1].

Group 1: Essex Property Trust - Essex Property Trust owns 256 apartment complexes with approximately 62,000 units, primarily located in Seattle, Southern California, and Northern California [2] - The company has benefited from the technology sector's growth, although concerns arose during the pandemic regarding its business model [4] - Occupancy remains strong in Essex's markets, and new apartment construction is low, positioning the REIT for continued success [5] - The current dividend yield is around 3.5%, with a history of annual increases for over three decades [6] Group 2: Rexford Industrial Realty - Rexford Industrial focuses on industrial properties, owning 424 warehouses and light-industrial properties in Southern California, a key area for global trade [7][8] - The supply-constrained market allows for higher occupancy levels and the potential to increase rents over time [9] - The current dividend yield is approximately 4.8%, with annual increases for the past twelve years [9] Group 3: Kilroy Realty - Kilroy Realty specializes in office buildings, owning 123 offices with around 17 million square feet of space across California, Washington, and Texas [10][11] - The company has faced challenges due to work-from-home trends, with occupancy in the low 80% range, but leasing activity is improving [12] - The REIT offers a high dividend yield of 6.5%, reflecting investor concerns about its ability to maintain dividends [13][14] Group 4: Investment Perspective - All three REITs focus on U.S.-based assets, particularly on the West Coast, making them attractive options for investors seeking American dividend stocks [15]

以下文章来源于SuperChance创业星球 ，作者Chrion.蔡 SuperChance创业星球 . 让一部分科学家先创造未来（咨询合作+V：SuperChanceChrionCai） 本文来自微信公众号： SuperChance创业星球 ，作者：Chrion.蔡，题图来自：AI生成 英国皇家工程院和Beauhurst公司联合发布的《Spotlight on Spinouts 2025》数据显示，英国高校教 授科学家新建创业公司总数为2064家，其中1337家公司仍然正常运营，包括175家完成并购和26家成 功IPO，整体存活率接近65%。 我们广泛研究了42所英国高校的公开数据资料，并根据不同高校的不同特点，分别从新建公司数 量、融资事件、融资金额、融资成功率、融资轮次、融资退出、QS世界大学排名、技术转移中心、 培育课程、孵化加速、资金支持、生态建设等12个普遍共性和关键维度进行深入分析，得到了一些 有趣的发现。 一、新建公司数量 42所英国高校新建公司数量为1967家，约为总数量的95%，样本高校新建公司数量中位数为31家， 平均数为47家。 有4所高校新建公司数量超过100家，7所高校新建公司数量 ...

英国皇家工程院和Beauhurst公司联合发布的《Spotlight on Spinouts 2025》数据显示，英国高校教授科学家新建创业公司总数为2064家，其中1337家公司仍 然正常运营，包括175家完成并购和26家成功IPO，整体存活率接近65%。 我们广泛研究了42所英国高校的公开数据资料，并根据不同高校的不同特点，分别从新建公司数量、融资事件、融资金额、融资成功率、融资轮次、融资 退出、QS世界大学排名、技术转移中心、培育课程、孵化加速、资金支持、生态建设等12个普遍共性和关键维度进行深入分析，得到了一些有趣的发 现。 一、新建公司数量 42所英国高校新建公司数量为1967家，约为总数量的95%，样本高校新建公司数量中位数为31家，平均数为47家。 有4所高校新建公司数量超过100家，7所高校新建公司数量超过50家。 2. 在融资金额方面，42所高校创业公司完成融资总额高达170亿英镑（2015年～2024年）。 其中，牛津大学新建公司数量为225家，排名第一；剑桥大学新建公司数量为175家，排名第二；帝国理工学院新建公司数量为132家，排名第三。曼彻斯 特大学新建公司114家，排名第四。 排行 ...

REIT Performance Overview - The REIT sector experienced a significant decline in April 2025, with an average total return of -6.45%, underperforming the broader market indices such as the Dow Jones Industrial Average (-3.1%), S&P 500 (-0.7%), and NASDAQ (+0.9%) [1] - Year-to-date, the average total return for REITs stands at -9.10%, which is worse than the -7.65% return for the same period in 2024 [12] Performance by Market Capitalization - Microcap REITs underperformed larger peers for the sixth consecutive month, with returns of -8.87% [3] - Large-cap REITs (-2.93%) outperformed mid-caps (-5.45%) and small caps (-8.69%) in April, with large-cap REITs outperforming small caps by 1081 basis points in the first four months of 2025 [3] Property Type Performance - Only 11.11% of REIT property types averaged a positive total return in April, with a 20.17% spread between the best (Data Centers +7.28%) and worst-performing property types (Timber -12.90%) [5][6] - Year-to-date, Office REITs (-24.06%) and Hotel REITs (-22.90%) significantly underperformed, while Health Care (+7.23%), Infrastructure (+6.88%), and Casinos (+6.00%) were the only property types with positive returns [7] Price/FFO Multiples - The average P/FFO for the REIT sector decreased from 13.9x to 13.4x in April, with 83.3% of property types experiencing multiple contraction [8] - Data Centers (26.9x), Multifamily (24.6x), and Infrastructure (18.7x) currently trade at the highest average multiples among REIT property types, while Hotels (5.9x) and Offices (8.2x) have the lowest [9] Individual REIT Performance - Digital Realty Trust (DLR) achieved a strong gain of +12.04% in April, despite a year-to-date return of -8.72% [11] - Wheeler REIT (WHLR) was the worst-performing REIT in April, with a staggering decline of -63.61% for the month and -98.29% year-to-date [11] Dividend Yield Insights - The high dividend yields of the REIT sector are a primary reason for investment, with many REITs trading below their NAV, resulting in attractive yields [15]

Mr. Mavroudis is a professional portfolio manager specializing in institutional and private portfolios. He focuses on risk management, which is accompanied by in-depth financial market analysis (fundamental, macro and technical) to control the risk undertaken by the portfolios. He invests in all financial instruments globally (stocks, bonds, fx, commodities), restructuring investment portfolios based on prevailing conditions and the needs of each client-investor. Mr. Mavroudis has successfully navigated all ...