FORM 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): March 9, 2012

 

 

LASALLE HOTEL PROPERTIES

(Exact name of registrant as specified in its charter)

 

 

 

Maryland   1-14045   36-4219376

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

3 Bethesda Metro Center

Suite 1200

Bethesda, Maryland 20814

(Address of principal executive offices)

Registrant’s telephone number, including area code: (301) 941-1500

 

 

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 Under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 7.01. REGULATION FD DISCLOSURE.

On March 9, 2012, LaSalle Hotel Properties (the “Company”) issued a press release announcing the Company’s acquisition of the Hotel Palomar, Washington DC for $143.8 million in an off-market transaction. A copy of such press release is furnished as Exhibit 99.1 to this report.

 

ITEM 8.01. OTHER EVENTS.

The Company acquired the Hotel Palomar, Washington, DC for $143.8 million in an off-market transaction. The purchase was funded with proceeds from the Company’s ATM program and borrowings under the Company’s senior unsecured credit facility. The 335-room urban, full service hotel is located near Dupont Circle at 2121 P Street, NW in Washington, DC.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

 

Exhibit
Number

  

Description

99.1    Press release dated March 9, 2012

The information contained in the press release attached as Exhibit 99.1 to this report shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. Furthermore, the information contained in the press release attached as Exhibit 99.1 to this report shall not be deemed to be incorporated by reference in the filings of the registrant under the Securities Act of 1933.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

LASALLE HOTEL PROPERTIES
BY:  

/s/ Bruce A. Riggins

  Bruce A. Riggins
  Chief Financial Officer, Executive Vice President and Secretary

 

Dated: March 9, 2012


EXHIBIT INDEX

 

Exhibit
Number

  

Description

99.1    Press release dated March 9, 2012