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Thursday, November 1, 2007

Apollo Real Estate Investment Fund V, L



Apollo Real Estate Investment Fund V, L.P., Aimbridge Hospitality, L.P. and JF Capital Advisors, LLC Complete Merger ....
DALLAS, TEXAS | AP AIMCAP Holdings LLC, a joint venture of Apollo Real Estate Investment Fund V, L.P., and affiliates of Aimbridge Hospitality, L.P. and JF Capital Advisors, LLC, announced the closing of their merger with Eagle Hospitality Properties Trust Inc. (NYSE: EHP), a Covington-based real estate investment trust. Eagle"s common stockholders approved the previously announced agreement to be acquired by AP AIMCAP Holdings at a special meeting in early August. The transaction, valued at approximately $700 million including debt and preferred equity, closed on August 15, 2007. The Eagle Hospitality portfolio consists of 13 upper upscale full-service and all-suite hotels encompassing 3,516 guest rooms located throughout the U.S., in Arizona, California, Colorado, Florida, New York, Kentucky, Ohio, Illinois, Massachusetts and Puerto Rico.