Christine Idzelis Blackstone Gets Outbid for LaSalle REIT Pebblebrook is rattling the merger agreement Blackstone struck with LaSalle Hotel Properties by proposing a higher price for the REIT. Christine Idzelis June 11, 2018 Hotel George in Washington, D.C. One of 41 hotels owned by LaSalle Hotel Properties. (Jay Westcott/Bloomberg News)