Monday, November 24, 2008

11/24 buy : Lasalle Hotel Properties (LHO) @ $9.11

ex-dividend date 11/25/08
dividend  $0.085  (13.33%)
payable   12/15/08

LaSalle Hotel Properties is a self-managed and self-administered real estate investment trust (REIT). As of December 31, 2007, the Company owned interests in 31 hotels with approximately 8,500 rooms/suites located in 11 states and the District of Columbia. Substantially all of the Company’s assets are held by, and all of its operations are conducted through, the LaSalle Hotel Operating Partnership, L.P. (Operating Partnership). The Company is the sole general partner of the Operating Partnership. On January 26, 2007, the Company sold the LaGuardia Airport Marriott hotel.

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