LaSalle Hotel Properties unloads three hotels for $218.9M

LaSalle Hotel Properties sold two hotel assets and is under contract to sell a third hotel for a combined $218.9 million in proceeds. The properties included in the transaction are as follows: Lansdowne Resort for $133.0 million. The company acquired the resort in June 2003 for $115.8 million. Alexis Hotel for $71.6 million. The company