Service Properties Trust reports developments for a real estate investment trust that owns service-focused retail net lease properties and hotels. Its updates center on operating and financial results, common-share distributions, portfolio activity in hotel and net lease assets, and capital-structure actions involving common shares, senior notes and debt refinancing.
The trust’s property base spans service-focused retail locations in the United States and hotels in the United States, Puerto Rico and Canada. News also covers management by The RMR Group, shareholder and trustee matters, risk-factor references, and completed asset dispositions that affect its portfolio mix and balance sheet.
Service Properties Trust (Nasdaq: SVC) closed an underwritten public offering of 479.2 million common shares (including 62.5 million shares from full exercise of the underwriters' option) at $1.20 per share. Net proceeds were approximately $542.3 million.
SVC announced the early redemption in full of its $100.0 million 4.95% senior notes due 2027 and $450.0 million 5.50% senior notes due 2027, with redemptions funded by offering proceeds and cash on hand, including applicable accrued interest and make-whole premiums. Bookrunners and co-managers were named.
Service Properties Trust (Nasdaq: SVC) priced an underwritten public offering of 416.7 million common shares at $1.20 per share to raise approximately $500 million gross. Settlement is expected on or about April 2, 2026, with a 30‑day underwriter option for an additional 62.5 million shares.
According to the company, net proceeds, together with cash on hand, are expected to be used to redeem all or a portion of senior notes due 2027 (aggregate principal amounts of $100.0 million and $450.0 million). Underwriters were led by Yorkville Securities and Jones.
Service Properties Trust (Nasdaq: SVC) commenced a $500.0 million underwritten public offering of common shares on March 30, 2026. Net proceeds are expected to be used to redeem all or a portion of SVC's $100.0 million 4.95% senior notes due 2027 and/or its $450.0 million 5.50% senior notes due 2027.
Underwriters may receive a 30-day option to buy an additional 15% of the offering. Helix Partners and The RMR Group indicated interest for up to $100.0 million and $50.0 million, respectively. SVC will file a preliminary prospectus supplement with the SEC.
Service Properties Trust (Nasdaq: SVC) reported fourth-quarter 2025 results and issued full year 2026 financial guidance. The company highlighted approximately $10 billion invested across service-focused retail net lease properties and hotels. As of Dec 31, 2025, SVC owned 760 retail properties (13.6M sq ft) and 94 hotels (21,000+ guest rooms).
A conference call for Q4 results is scheduled for Feb 26, 2026 at 10:00 a.m. ET with replay details and a live webcast available on SVC’s investor website.
Service Properties Trust (Nasdaq:SVC) priced a $745 million asset-backed securitization with a weighted average coupon of 5.96%, expected to close March 6, 2026. SVC contributed 158 retail net lease properties (≈$84M annual minimum rent; appraised ≈$1.1B) to its master trust.
Net proceeds are expected to be ≈$730 million and will fund repayment of outstanding debt and general corporate purposes, including the full early redemption of $700 million 8.375% senior notes due June 2029. The new notes mature March 2031 and are expected to be rated AAA/AA/BBB by S&P.
Service Properties Trust (Nasdaq:SVC) will release its fourth quarter 2025 results after Nasdaq closes on Wednesday, February 25, 2026. A conference call with CEO Christopher Bilotto, CFO Brian Donley and VP Jesse Abair is scheduled for Thursday, February 26, 2026 at 10:00 a.m. ET.
Dial-in numbers, a live webcast at www.svcreit.com, and a replay available through March 5, 2026 are provided for investors and analysts.
Service Properties Trust (Nasdaq: SVC) announced the 2025 dividend tax characterization for SVC common shares. Dividends of $0.01 per share were recorded for each record date 01/27/25, 04/22/25, 07/21/25 and 10/27/25, totaling $0.04 per share for 2025. All reported amounts for 2025 are shown as return of capital; ordinary, qualified, Section 199A and capital gain categories are listed as $0.00. The company provided the common share CUSIP 81761L102 and directs shareholders to rely on IRS Form 1099-DIV for tax reporting and to consult Form(s) 8937 on the company website for basis effects.
Summary not available.
Sonesta (RMR) named Keith Pierce and Jeff Leer as Co-Chief Executive Officers, effective April 1, 2026, with John Murray retiring effective March 31, 2026. Pierce, a Sonesta executive since 2021, led expansion of Sonesta’s global franchising business. Leer, an RMR management committee member, served as president and CEO of AlerisLife since 2022 and oversaw a 440% increase in senior living net operating income during his tenure. The new co-CEOs said they will pursue an “asset-right,” franchise-focused growth strategy, emphasize technology and operational excellence, and work with roughly 7,000 employees. Sonesta owns, manages and franchises more than 1,000 properties, including management of 69 hotels for Service Properties Trust (SVC).
Summary not available.