YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Affiliates of Blackstone Real Estate Partners agreed to buy LaSalle Hotel Properties for $4.8 billion.
“After careful consideration of multiple proposals received, the board determined that this transaction represents the most compelling opportunity for LaSalle’s shareholders, delivering a significant premium with immediate and certain cash value," LaSalle board Chairman Stuart Scott said.
Pending approval by LaSalle's shareholders, the deal is expected to close in the third quarter.
Read more from Connect Commercial Real Estate.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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