PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • January 30th, 2006 • Lasalle Hotel Properties • Real estate investment trusts • Illinois
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of January 26, 2006 (the “Effective Date”), by and between JER/WMA, LLC, a Delaware limited liability company (“Seller”), and LASALLE HOTEL OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (“Purchaser”). Seller and Purchaser are sometimes referred to herein individually as a “Party”, and collectively as the “Parties”.
