EHT sponsor expresses doubt over SC Capital's proposal to replace existing REIT manager

Urban Commons, the sponsor of Eagle Hospitality Trust (EHT), says it believes SC Capital’s current proposal is “very likely” to provoke disagreements among various interested parties.

SCCPRE Hospitality REIT Management, which is part of the SC Capital Group, was proposed as the new REIT manager for EHT by DBS Trustee on Dec 1.