On the Record · LaSalle Hotel Properties
LaSalle Hotel Properties acquisitions, on the record
The businesses LaSalle Hotel Properties bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Park Central Hotel New YorkWord for word“On December 29, 2011, in connection with the Company’s acquisition of Park Central Hotel New York and as part of the consideration for the hotel acquisition, the Operating Partnership issued 296,300 common units of limited partnership interest.” 10-K for 2015 | acquisition | On December 29, 2011 | — |
Park Central San FranciscoWord for word“The net proceeds were used to fund the acquisition of The Heathman Hotel on December 18, 2014, to fund a portion of the acquisition of Park Central San Francisco on January 23, 2015, to pay down amounts outstanding under the Company’s senior unsecured credit facility and under the LHL unsecured credit facility, and for general corporate purposes.” 10-K for 2015 | acquisition | January 23, 2015 | — |
Hotel Vitale, The Heathman Hotel, Park Central San Francisco and The Marker Waterfront ResortWord for word“This increase is due primarily to the hotel operating revenues generated from the 2014 and 2015 hotel acquisitions, which consist of the acquisitions of Hotel Vitale, The Heathman Hotel, Park Central San Francisco and The Marker Waterfront Resort (collectively, the “2014 and 2015 Acquisition Properties”).” 10-K for 2015 | acquisition | — | — |
Hilton Alexandria Old TownWord for word“the sale of Hilton Alexandria Old Town in June 2014; • the sale of Hotel Viking in September 2014;” 10-K for 2015 | divestiture | June 2014 | — |
Hotel VikingWord for word“the sale of Hotel Viking in September 2014;” 10-K for 2015 | divestiture | September 2014 | — |
Mezzanine Loan secured by Shutters on the Beach and Casa Del MarWord for word“On July 20, 2015, the Company provided a junior mezzanine loan (the “Mezzanine Loan”) secured by pledges of equity interests in the entities that own the hotel properties, Shutters on the Beach and Casa Del Mar, in Santa Monica, CA.” 10-K for 2015 | agreed acquisition | July 20, 2015 | — |
Indianapolis Marriott DowntownWord for word“The net gain on sale of property and sale of note receivable is $104.5 million which consists of a $104.8 million gain relating to the sale of the Indianapolis Marriott Downtown on July 14, 2016, partially offset by $0.3 million of costs associated with the sale of the Company’s Mezzanine Loan on July 8, 2016.” 10-K for 2016 | divestiture | July 14, 2016 | — |
Mezzanine Loan (sale of note receivable)Word for word“The net gain on sale of property and sale of note receivable is $104.5 million which consists of a $104.8 million gain relating to the sale of the Indianapolis Marriott Downtown on July 14, 2016, partially offset by $0.3 million of costs associated with the sale of the Company’s Mezzanine Loan on July 8, 2016.” 10-K for 2016 | divestiture | July 8, 2016 | — |
Hotel DecaWord for word“The gain on sale of properties was $85.5 million in 2017, which consists of a $30.7 million gain relating to the sale of Hotel Deca on January 19, 2017, a $10.3 million gain relating to the sale of Lansdowne Resort on March 22, 2017, a $33.4 million gain relating to the sale of Alexis Hotel on March 31, 2017, a $6.7 million gain relating to the sale of Hotel Triton on April 11, 2017 and a $4.4 million gain relating to the sale of Westin Philadelphia on June 29, 2017.” 10-K for 2017 | divestiture | January 19, 2017 | — |
Deal filings since 2016
- 2018-12-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from LaSalle Hotel Properties’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-02-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.