Lasalle Hotel Properties (NYSE: LHO) rated to Neutral by BofA/Merrill
BofA/Merrill rated Lasalle
Hotel Properties (NYSE: LHO) to Neutral.
Lasalle Hotel Properties
, which intends to operate as a real estate investment trust for federal income tax purposes, has been formed to own hotel properties and to continue and expand the hotel investment activities of LaSalle Partners Incorporated and certain of its affiliates collectively, LaSalle. LaSalle is an institutionally respected real estate services and investment firm which has extensive experience in the acquisition, investment management, finance, development and disposition of hotel properties.