Real Estate Weekly: 4/27/12

BY: Daily Record Staff
POSTED: April 27, 2012
Tags: Baltimore Design School, BGE Home, Corporate Office Properties Trust, first potomac realty trust, fort ritchie, host hotels & resorts inc, housing, iCore Networks, lasalle, leases, Mackenzie Commercial Real Estate Services, real estate weekly, St. John Properties Inc., the bozzuto group

LaSalle FFO, revenue up on higher rates LaSalle Hotel Properties, of Bethesda, a real estate investment trust that owns upscale and luxury full-service hotels, reported first-quarter funds from operations of $14 million, or 16 cents per share, on revenue of $172.3 million, versus FFO of $8.5 million, or 8.5 cents per share, on revenue of [...]

LaSalle buying Viceroy Santa Monica for $80.1M

BY: Associated Press
POSTED: March 17, 2011
Tags: bethesda, california, District of Columbia, lasalle, pacific shores hotel, Real Estate, santa monica, viceroy, viceroy hotel group, viceroy santa monica

BETHESDA — LaSalle Hotel Properties is buying the Viceroy Santa Monica hotel for $80.1 million. The real estate investment trust said Thursday that the 162-room hotel is subject to a ground lease with the City of Santa Monica, Calif., which expires on Sept. 25, 2065. The property, which is one block from Santa Monica Beach, [...]

LaSalle Hotel names new CFO

BY: Associated Press
POSTED: January 5, 2011
Tags: acquisitions, bethesda, bruce a. riggins, CFO, chief financial officer, interstate hotels & resorts, kenneth g. fuller, lasalle, lasalle hotel, management

BETHESDA — LaSalle Hotel Properties said Wednesday it named Bruce A. Riggins as executive vice president and chief financial officer, effective Jan. 24. Riggins currently serves as CFO of Interstate Hotels & Resorts. The company also promoted Kenneth G. Fuller to treasurer, effective immediately. Fuller has been with LaSalle since 2000 and has been involved [...]