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Lasalle Hotel Properties Announces Acquisition Of Southernmost Hotel Collection In Key West, Florida For $184.5 Million


Wednesday, 28 Aug 2013 09:00am EDT 

Lasalle Hotel Properties announced that it acquired the 260-room Southernmost Hotel Collection in Key West, Florida. The purchase price was $184.5 million. The Southernmost Hotel Collection consists of the Southernmost on the Beach, Southernmost Hotel in the USA and La Mer Hotel & Dewey House. The Company funded the transaction with borrowings from its Senior Unsecured Credit Facility. 

Company Quote

37.62
-0.08 -0.21%
24 Oct 2014