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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
FORM 3 Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person*
BREA L.L.C.
(Last) (First) (Middle)
345 Park Avenue
(Street)
New York, New York 10154
(City) (State) (Zip)
2. Date of Event Requiring Statement
(Month/Day/Year)
12/30/98
3. IRS or Social Security Number of Reporting Person
(Voluntary)
4. Issuer Name and Ticker or Trading Symbol
HOST MARRIOTT, L.P.
5. Relationship of Reporting Person to Issuer
(Check all applicable)
Director x 10% Owner
----- -----
Officer (give title below) x Other (specify below)
----- -----
Member of 13D Group
6. If Amendment, Date of Original
(Month/Day/Year)
7. Individual or Joint/Group Filing
Form filed by One Reporting Person
-----
X Form filed by More than One Reporting Person
-----
Page 1 of 3
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FORM 3 (continued)
Table I -- Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)
Class A Partnership Units
2. Amount of Securities Beneficially Owned (Instr. 4)
10,396,523
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)
I
4. Nature of Indirect Beneficial Ownership (Instr. 5)
See Attachment A
* If the form is filed by more than one reporting person, see
Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)
None
2. Date Exercisable and Expiration Date
(Month/Day/Year)
Date Exercisable Expiration Date
3. Title and Amount of Securities Underlying Derivative
Security (Instr. 4)
Title Amount or Number of Shares
4. Conversion or Exercise Price of Derivative Security
5. Ownership Form of Derivative Security: Direct (D) or
Indirect (I) (Instr. 5)
6. Nature of Indirect Beneficial Ownership (Instr. 5)
Page 2 of 3
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FORM 3 (continued)
Explanation of Responses:
* Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ See Attachment A
------------------------------- ---------------
* Signature of Reporting Person Date
SEC 1473 (7-96)
Page 3 of 3
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Page 1 of 8
Attachment A
This Form 3 is being filed jointly by the follow persons
(collectively, the "Reporting Persons") in connection with the beneficial
ownership of Class A Partnership Units ("Partnership Unit") of
Host Marriott, L.P.:
Blackstone Real Estate Partners II L.P. ("BRE II");
Blackstone Real Estate Holdings II L.P. ("BREH II");
Blackstone Real Estate Partners II T.E. 1 L.P., ("BRE II TE 1");
Blackstone Real Estate Partners II T.E. 2 L.P., ("BRE II TE 2");
Blackstone Real Estate Partners II T.E. 3 L.P., ("BRE II TE 3");
Blackstone Real Estate Partners II T.E. 4 L.P., ("BRE II TE 4");
Blackstone Real Estate Partners II T.E. 5 L.P., ("BRE II TE 5");
Blackstone Real Estate Partners I L.P. ("BRE I");
Blackstone Real Estate Partners Two L.P. ("BRE Two");
Blackstone Real Estate Partners Three L.P. ("BRE Three");
Blackstone Real Estate Partners IV L.P. ("BRE IV");
Blackstone RE Capital Partners L.P. ("BRECP");
Blackstone RE Capital Partners II L.P. ("BRECP II");
Blackstone RE Offshore Capital Partners L.P. ("BOC");
Blackstone Real Estate Holdings L.P. ("BREH");
CR/RE L.L.C. ("CRRE");
BRE/Ceriale L.L.C. ("BRE/Ceriale");
RTZ Management Corp. ("RTZ");
BRE Logan Hotel Inc. ("Logan");
BRE/Cambridge L.L.C. ("Cambridge");
Blackstone Real Estate Associates L.P. ("BREA"), the general partner of
BRE I, BRE Two, BRE Three, BRE IV, BRECP, BRECP II, and BOC;
Blackstone Real Estate Associates II L.P. ("BREA II"), the general
partner of BRE II, BRE II TE 1, BRE II TE 2, BRE II TE 3, BRE II TE 4,
and BRE II TE 5;
Blackstone Real Estate Management Associates II L.P. ("BREMA II"), the
general partner of BREH II and BREA II,;
BREA L.L.C.("BREA LLC"), the general partner of BREH and BREA;
BREA II L.L.C.("BREA II LLC"), the general partner of BREMA II;
Peter G. Peterson ("Peterson"), a founding member of BREA LLC and BREA II LLC;
Stephen A. Schwarzman ("Schwarzman"), a founding members of BREA LLC and
BREA II LLC; and
John G. Schreiber ("Schreiber"), a limited partner in BREA and BREA II.
The principal business and office address of each of the
Reporting Persons (other than Schreiber) is 345 Park Avenue, 31st Floor,
New York, New York 10154. The principal business address of Schreiber is
Schreiber Investments, 1115 East Illinois Road, Lake Forest, Illinois
60045.
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Page 2 of 8
As of the date of this filing, the following Reporting Persons
may be deemed to have direct beneficial ownership of the following number
of Partnership Units of Host Marriott, L.P.:
BRE II 12,306,661
BRE II TE 1 10,355,468
BRE II TE 2 447,725
BRE II TE 3 2,129,023
BRE II TE 4 433,134
BRE II TE 5 911,052
BREH II 3,454,335
BRE I 4,023,194
BRE Two 263,803
BRE Three 2,559,287
BRE IV 80,463
BRECP 419,582
BRECP II 46,052
BOC 81,006
BREH 2,211,340
CRRE 22,390
BRE/Ceriale 468,470
RTZ 13
Logan 29,910
Cambridge 243,326
Such Partnership Units represent, in the aggregate, 40,486,234
Partnership Units, or approximately 14.5% of the total number of
Partnership Units outstanding.
In addition, by reason of their status as members of
Cambridge, BRE I, BRE Two, BRE Three, BRE IV, BRECP, BRECP II, BOC and
BREH may be deemed to beneficially own 243,326 Partnership Units
beneficially owned by Cambridge.
By reason of its status as the general partner of BRE I, BRE
Two, BRE Three, BRE IV, BRECP, BRECP II and BOC, BREA may be deemed to
have indirect beneficial ownership of 8,185,183 Partnership Units.
By reason of its status as the general partner of BRE II, BRE
II TE 1, BRE II TE 2, BRE II TE 3, BRE II TE 4, BRE II TE 5, BREA II may
be deemed to have indirect beneficial ownership of 26,583,063 Partnership
Units.
By reason of the requirement that any disposition of an
investment (directly or indirectly) by entities to which BREA and BREA II
serves as general partner requires the approval of Schreiber, Schreiber
may be deemed to have indirect beneficial ownership of 34,768,246
Partnership Units.
By reason of its status as the general partner of BREA II and
BREH II, BREMA II may be deemed to have indirect beneficial ownership of
30,037,398 Partnership Units.
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Page 3 of 8
By reason of its status as the general partner of BREA and
BREH, BREA LLC may be deemed to have indirect beneficial ownership of
10,396,523 Partnership Units.
By reason of its status as the general partner of BREMA II,
BREA II LLC may be deemed to have indirect beneficial ownership of
30,037,398 Partnership Units.
By reason of their ability to control BREA LLC, BREA II LLC,
RTZ and Logan, Peterson and Schwarzman may each be deemed to have
indirect beneficial ownership of 40,463,844 Partnership Units.
Pursuant to Rule 16a-1(a)(4) promulgated under the Securities
Exchange Act of 1934, as amended, each of the Reporting Persons disclaims
that he or it is the beneficial owner of the reported Partnership Units,
except to the extent of his or its pecuniary interest in such Partnership
Units.
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Page 4 of 8
SIGNATURES
Date: January 11, 1999
BLACKSTONE REAL ESTATE PARTNERS I L.P.
BLACKSTONE REAL ESTATE PARTNERS TWO L.P.
BLACKSTONE REAL ESTATE PARTNERS THREE L.P.
BLACKSTONE REAL ESTATE PARTNERS IV L.P.
BLACKSTONE RE CAPITAL PARTNERS L.P.
BLACKSTONE RE CAPITAL PARTNERS II L.P.
BLACKSTONE RE OFFSHORE CAPITAL PARTNERS L.P.
By: Blackstone Real Estate Associates L.P.,
general partner
By: BREA L.L.C., general partner
By: Stephen A. Schwarzman
-----------------------------------
Name: Stephen A. Schwarzman
Title: Member
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Page 5 of 8
BLACKSTONE REAL ESTATE PARTNERS II L.P.
BLACKSTONE REAL ESTATE PARTNERS II.TE.1 L.P.
BLACKSTONE REAL ESTATE PARTNERS II.TE.2 L.P.
BLACKSTONE REAL ESTATE PARTNERS II.TE.3 L.P.
BLACKSTONE REAL ESTATE PARTNERS II.TE.4 L.P.
BLACKSTONE REAL ESTATE PARTNERS II.TE.5 L.P.
By: Blackstone Real Estate
Associates II L.P., general partner
By: Blackstone Real Estate
Management Associates II L.P.,
general partner
By: BREA II L.L.C.,general partner
By: Stephen A. Schwarzman
-----------------------------------
Name: Stephen A. Schwarzman
Title: Member
BLACKSTONE REAL ESTATE HOLDINGS II L.P.
By: Blackstone Real Estate
Management Associates II L.P.,
general partner
By: BREA II L.L.C.,general partner
By: Stephen A. Schwarzman
-----------------------------------
Name: Stephen A. Schwarzman
Title: Member
BLACKSTONE REAL ESTATE HOLDINGS L.P.
By: BREA L.L.C.,general partner
By: Stephen A. Schwarzman
-----------------------------------
Name: Stephen A. Schwarzman
Title: Member<PAGE>
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Page 6 of 8
CR/RE L.L.C.
By:\s\ John Ceriale
------------------------------
Name: John Ceriale
Title: Member
BRE LOGAN HOTEL INC.
By:\s\ William J. Stein
-------------------------------
Name: William J. Stein
Title: Vice President
BRE/CAMBRIDGE L.L.C.
By:\s\ William J. Stein
-------------------------------
Name: William J. Stein
Title: Vice President
BLACKSTONE REAL ESTATE ASSOCIATES L.P.
By: BREA L.L.C., general partner
By:\s\ Stephen A. Schwarzman
-----------------------------
Name: Stephen A. Schwarzman
Title: Member
BLACKSTONE REAL ESTATE ASSOCIATES II L.P.
By: Blackstone Real Estate Management
Associates II L.P., general partner
By: BREA II L.L.C.,general partner
By:\s\ Stephen A. Schwarzman
-----------------------------
Name: Stephen A. Schwarzman
Title: Member
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Page 7 of 8
BLACKSTONE REAL ESTATE MANAGEMENT
ASSOCIATES II L.P.
By: BREA II L.L.C.,general partner
By:\s\ Stephen A. Schwarzman
-----------------------------
Name: Stephen A. Schwarzman
Title: Member
BREA L.L.C.
By:\s\ Stephen A. Schwarzman
----------------------------------
Name: Stephen A. Schwarzman
Title: Member
BREA II L.L.C.
By:\s\ Stephen A. Schwarzman
----------------------------------
Name: Stephen A. Schwarzman
Title: Member
\s\ Peter G. Peterson
---------------------------------------
Peter G. Peterson
\s\Stephen A. Schwarzman
---------------------------------------
Stephen A. Schwarzman
\s\ John G. Schreiber
---------------------------------------
John G. Schreiber
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Page 7 of 8
RTZ MANAGEMENT CORP.
By:\s\ William J. Stein
--------------------------------
Name: William J. Stein
Title: Vice President
BRE/CERIALE L.L.C.
By:\s\ William J. Stein
--------------------------------
Name: William J. Stein
Title: Vice President
