Skip to main content
Explore our brands An Informa TechTarget Publication
close search
site logo

LaSalle's Hotel Palomar Purchase Boosts FFO

Published April 19, 2012
By
Ron Gallagher Contributing Editor

The REIT acquired the Hotel Palomar in Bethesda, Md., for $143.8 million.

CEO Michael D. Barnello says the deal is one of the reasons for its stronger-than-expected Q1 earnings.

Recommended Reading

Filed Under: Economy

Editors' picks

  • Construction workers build out a new building in San Francisco, California
    Image attribution tooltip
    Justin Sullivan/Getty Images via Getty Images
    Image attribution tooltip
    Deep Dive // 2026 Outlook

    5 construction trends to watch in 2026

    Contractors will be keeping tabs on material costs, data center demand, interest rates and more this year.

    By Sebastian Obando • Jan. 7, 2026
  • Rendering of Micron’s $100 billion semiconductor fabrication complex in Clay, N.Y.
    Image attribution tooltip
    Courtesy of Micron
    Image attribution tooltip

    Micron to break ground on $100B New York semiconductor fab

    The tech company received a green light to proceed after obtaining the necessary permit approvals and undergoing a “rigorous environmental review.”

    By Sebastian Obando • Jan. 8, 2026

Company Announcements

View all | Post a press release
Southern Impression Homes Announces Seven New Florida Build-To-Rent Projects
From Southern Impression Homes
February 08, 2026
Southern Impression Homes logo
Ryan Ware launches podcast exploring change leadership in construction
From Connective Consulting Group
February 09, 2026
Connective Consulting Group logo
Revizto Expands Leadership Team and Launches CIO Advisory Program to Support Rapid Growth
From Revizto
January 27, 2026
Revizto logo
Wingtra opens new era of high-accuracy, GCP-free surveys to cut earthworks labor overhead
From Wingtra
February 12, 2026
Wingtra logo
Editors' picks
  • Construction workers build out a new building in San Francisco, California
    Image attribution tooltip
    Justin Sullivan/Getty Images via Getty Images
    Image attribution tooltip
    Deep Dive // 2026 Outlook

    5 construction trends to watch in 2026

    Contractors will be keeping tabs on material costs, data center demand, interest rates and more this year.

    By Sebastian Obando • Jan. 7, 2026
  • Rendering of Micron’s $100 billion semiconductor fabrication complex in Clay, N.Y.
    Image attribution tooltip
    Courtesy of Micron
    Image attribution tooltip

    Micron to break ground on $100B New York semiconductor fab

    The tech company received a green light to proceed after obtaining the necessary permit approvals and undergoing a “rigorous environmental review.”

    By Sebastian Obando • Jan. 8, 2026
Latest in Economy
This website is owned and operated by Informa TechTarget, a global network that informs, influences and connects the world's technology buyers and sellers.

© 2025 TechTarget, Inc. or its subsidiaries. All rights reserved. An Informa PLC company.
Privacy policy | Terms of use | Take down policy | Cookie Preferences / Do Not Sell