Sotherly Hotels Inc (NASDAQ:SOHO) is a real estate investment trust. The company is mostly involved in acquiring and improving hotel buildings which it later operates through subsidiaries. This model of business is not just very unique in that it sets the company apart from other REITs, but has also enabled it to make gains where its peers are counting losses. The company has taken over several hotel properties in the recent past and last week it announced completing a deal to add the iconic Georgian Terrace Hotel to its portfolio. For $61 million, the company acquired the 326-roomed full-service hotel, adding to itself some 698 parking structure as well as 0.6 acre parcel for development. Following the completion of the acquisition, Sotherly Hotels Inc (NASDAQ:SOHO) announced that it has passed over the mandate to manage the hotel to Chesapeake Hospitality. Sotherly Hotels Inc (NASDAQ:SOHO) shares after opening at $6.74 moved to $6.74 on last trade day and at the end of the day closed at $6.69. Company price to sales ratio in past twelve months was calculated as 0.77 and price to cash ratio as 7.29. Sotherly Hotels Inc (NASDAQ:SOHO) showed a positive weekly performance of 5.02%.
Mesa Royalty Trust (NYSE:MTR) stated that unit-holders of record March 31, will get distribution of $0.258494088 per unit to be paid on April 30. According the announced trust income for March 2014, the company revealed that $36,721 and $272,310 were received from San Juan Basin and New Mexico properties. And the Hugoton properties turned a total of $178,321. The company has had consistent dividend payout record over the past year. Thus, although the stock has not been very impressive in its price performance, the nice dividend track record has keep investors coming and glued to the stock. Shares of Mesa Royalty Trust (NYSE:MTR) were up to a new 52-week high during trading Monday, coming on the back of heavy volume. Mesa Royalty Trust (NYSE:MTR) shares fell -0.53% in last trading session and ended the day on $26.33. MTR return on equity ratio is recorded as 65.40% and its return on assets is 56.40%. Mesa Royalty Trust (NYSE:MTR) yearly performance is 16.22%.
TPG Specialty Lending Inc (NYSE:TSLX) announced that it closed its initial public offering of 7,000,000 shares of its common stock on March 26, 2014. Shares of common stock of TSL began trading on the New York Stock Exchange on March 21, 2014, under the symbol TSLX. TPG Specialty Lending Inc (NYSE:TSLX) shares moved up 1.44% in last trading session and was closed at $16.89, while trading in range of $16.47-$17.11. TPG Specialty Lending Inc (NYSE:TSLX) year to date performance is 7.99%.
SL Green Realty Corp (NYSE:SLG) announced that it will release its earnings for the first quarter 2014 on Wednesday, April 23, 2014 after market close. The Company’s executive management team, led by Marc Holliday, Chief Executive Officer, will host a conference call and audio webcast on Thursday, April 24, 2014 at 2:00 pm ET to discuss the financial results. SL Green Realty Corp (NYSE:SLG) weekly performance is 0.76%. On last trading day company shares ended up $101.38. SL Green Realty Corp (NYSE:SLG) distance from 50-day simple moving average is 4.61%. Analysts mean target price for the company is $100.21.