Chatham Lodging Trust: A Low Double-Digit Return Opportunity

Art Wager/E+ via Getty Images Introduction Chatham Lodging Trust (NYSE:CLDT) is one of the weakest-performing REITs so far in 2024, with a negative return of 18% significantly below the 5% drop in the benchmark Vanguard Real Estate Index Fund ETF (VNQ): ● CLDT (44 -10% en an CLDT vs VNQ in 2024 (Seeking Alpha) I think the company is quite cheap, offering a cap rate of 10.3% and a robust operating performance, notwithstanding the risks related to the drivers of its revenue growth and expensive debt. Company ...