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A hospitality REIT is a real estate investment trust that owns, acquires, and manages hotels, motels, luxury resorts, and business-class hotels, and leases out space in the properties to guests.
Hospitality Investors Trust is a publicly registered, non-traded real estate investment trust whose initial offering became effective in 2014 and which declared bankruptcy in 2021.
Hospitality Investors Group is an investment and hospitality development ?rm with the expertise to bring investment transactions to ful?llment.
The prospectus goes by several names, notably 'private placement memorandum', or 'offering memorandum', and of course just 'prospectus'. The REIT document details the terms of the offering such as the type of securities that the issuer is offering to investors for their funds.