| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| CNL Hospitality Properties, Inc. |
| 400 East South Street, Orlando, FL 32801 * (407) 650-1000 |
| The company is a real estate investment trust, (REIT). The company acquires hotel properties to be leased on a long term triple net basis, meaning the tenant will be responsible for repairs, maintenance, property taxes, utilities and insurance. |
| Manager | Tier | Phone |
| CNL Securities Corp. | Lead Manager |
| Employees: | 0 | Financial: | SIC 6798 | |
| Type of Shares: | Common Shares | Filing Date: | 11/23/98 | |
| U.S. Shares Filed: | 27,500,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $275,000,000 | |
| Primary Shares: | 27,500,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: |
| Issuer's Law Firm: | Shaw, Pittman, Potts & Trowbridge |
| Auditor: | Pricewaterhouse Coopers LLC |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to acquire hotel properties an make mortgage loans, to pay fees and expenses for affiliates for their services and as reimbursement of offering and acquisition related expenses. |