Summit Hotel Properties, a self-advised REIT with a portfolio of 65 limited/select service hotels in 19 states, will see its quiet period end on Sunday, March 20. On Feburary 8, the company raised $254 million by offering 26 million shares at $9.75, below the range of $10.50 to $12.50. Deutsche Bank Securities, Baird and RBC Capital Markets acted as lead managers on the deal.
