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Stock Market & Financial Investment News

News Breaks
December 13, 2012
16:09 EDTLHOLaSalle Hotel launches 7M share common stock offering
Citigroup and Raymond James are acting as joint book-running managers for the offering and BMO Capital Markets is acting as lead manager.
News For LHO From The Last 14 Days
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January 26, 2015
14:55 EDTLHOLaSalle Hotel acquires Westin Market Street in San Francisco for $350M
LaSalle Hotel Properties announced that it acquired The Westin Market Street in San Francisco, California for $350M. The company funded the acquisition with cash on hand and borrowings from its senior unsecured credit facility. At closing, the company renamed the hotel Park Central San Francisco. Highgate Hotels will continue to manage the asset as an independent hotel on behalf of the company.

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