March 9, 2001 LaSalle Hotel Properties paid well north of $40 million for the four downtown Washington, D.C., hotels it just bought from local investment group AGCCM Hotels LLC.The portfolio of hotels, totaling 502 units, had originally been thought to ...
March 8, 2001LaSalle Hotel Properties (NYSE:LHO) has bought four full-service hotels with a total of 502 guestrooms in the heart of Washington, D.C. The properties were purchased from AGCCM Hotels LLC, a Washington-based investment group. The firm last fall hired ...
Structured as a 1031 Exchange for the buyer, which last fall sold another office building in Gaithersburg, Md.
The is 97% occupied. Leases governing about 70% of its 283,224 sf of office space are due to roll over within the next six years.
$54.6mln financing from First Union @7.58%
December 6, 2000 WASHINGTON – Bernstein Cos.' Consortium Capital Fund and an affiliate of Lerner Enterprises have acquired 2100 M Street NW in Washington, D.C., for $56.6 million, or $190/sf.The eight-story building has about 300,000 square feet and a 213-space ...
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