Terms of Heathman Hotel deal released


The Maryland company, LaSalle Hotel Properties, reportedly paid $64.3 million for the property.

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The Maryland company, LaSalle Hotel Properties, reportedly paid $64.3 million for the property.

In a corporate statement, Maryland-based LaSalle said it paid cash for the 150-room Heathman, which it called a “special historic asset.”

It said it would fund a $3 million “soft goods renovation” for the 87-year-old Heathman in 2017.

Read more at OregonLive.com.




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