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Bethesda REITs converge: Pebblebrook has $5.2B deal to buy LaSalle
Six months after making an unsolicited takeover bid, and after its target rejected multiple offers and made a deal to be bought by an investment fund, a Bethesda hotel real estate investment trust has a deal to buy another Bethesda hotel REIT.
Pebblebrook Hotel Trust seeks merger with LaSalle Hotel Properties
A hotel real estate investment trust based in Bethesda has proposed to merge with another Bethesda hotel REIT, which already had a deal to be acquired by another company.
LaSalle Hotel Properties buys back $46.5M of stock
LaSalle Hotel Properties, a Bethesda-based REIT, reported Friday that it has repurchased 1,876,900 of its shares since Monday.
LaSalle acquires San Francisco hotel
LaSalle Hotel Properties, of Bethesda, a real estate investment trust that owns upscale and luxury full-service hotels, announced that it paid $71.5 million to acquire the Serrano Hotel in San Francisco.
Bethesda-based LaSalle Hotel Properties acquires Key West hotel
BETHESDA — LaSalle Hotel Properties said Wednesday that it has acquired the 260-room Southernmost Hotel Collection in Key West, Fla., for $184.5 million. The Southernmost Hotel Collection consists of the […]
Real Estate Weekly – 8/10/12
COPT obtains $120M loan, expandable to $200M Corporate Office Properties Trust, a Columbia-based office real estate investment trust primarily focused on the specialized requirements of U.S. government and defense information […]
Real Estate Weekly – 7/20/12
J. Crew and Anthropologie stores to open in Harbor East Two national retailers, J. Crew and Anthropologie, will open stores next week in the Harbor East neighborhood, it was announced […]
Real Estate Weekly – 2/24/12: Top Chef contestant opening restaurant in Largo
Galey Kotsher Group brokers sale of two major land parcels The Galey Kotsher Group of Rockville-based Keller Williams Metro Team Realty announced the sale of two land parcels in Maryland. The […]
Bethesda-based LaSalle Hotel Properties buys Park Central Hotel
BETHESDA — LaSalle Hotel Properties said Tuesday that it bought The Park Central Hotel in New York City for $396.2 million. LaSalle agreed to buy the hotel from Highgate Holdings […]
Real Estate Weekly – 12/16/11: Marriott plans two new hotels in Iraq
Marriott plans two new hotels in Iraq Marriott International Inc. of Bethesda is among U.S. hotel companies that are being lured to Iraq following the end of eight years of […]
Real Estate Weekly – 10/21/11: LaSalle’s third-quarter results improve
LaSalle’s third-quarter results improve LaSalle Hotel Properties of Bethesda, a real estate investment trust that owns 36 upscale and luxury hotels nationwide, reported improvement in its third-quarter funds from operations, […]
Second-quarter M&A activity a good sign for economic recovery
Although the estimated $7.9 billion acquisition of Constellation Energy Group by Exelon Corp. was the quarter’s biggest mergers-and-acquisition deal, for the last three months it has been all about real […]
