LaSalle Hotel calls 10¼% series A preferreds

By Laura Lutz

Des Moines, Jan. 17 - LaSalle Hotel Properties intends to redeem all of its 10¼% series A cumulative redeemable preferred shares.

The company plans to redeem the shares on March 6 for $25.00 in cash plus accrued dividends through that date.

LaSalle, a Bethesda, Md.-based real estate investment trust, owns hotels.

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