OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2001
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
FORM 4 Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
|_| Check this box if no longer
subject to Section 16.
Form 4 or Form 5 obligations
may continue. See Instruction 1(b)
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. Issuer Name and Ticker or Trading Symbol
Host Marriott, L.P. (no symbol)
3. I.R.S. Identification Number of Reporting Person, if an entity
(Voluntary)
N/A
4. Statement for Month/Year
April 1999
5. If Amendment, Date of Original (Month/Year)
N/A
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
----- -----
Officer (give title above) X Other (specify below)
----- -----
7. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
-----
X Form filed by More than One Reporting Person
-----
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see
Instruction 4(b)(v).
Page 1 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
822,806 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
11,219,329
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(1)
Page 2 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
353,288 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
5,088,278
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (2)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(30) (31)
Page 3 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
41,575 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
1,017,174
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (3)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(30) (31)
Page 4 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
231,956 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
3,503,039
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (4)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(30) (31)
Page 5 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
26,370 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
818,629
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (5)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(30) (31)
Page 6 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
54,509 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
1,185,887
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (6)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(30) (31)
Page 7 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
23,520 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
781,368
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (7)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(30) (31)
Page 8 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
26,425 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
819,227
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (8)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(30) (31)
Page 9 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
203,056 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
3,126,192
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (9)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(30) (31)
Page 10 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
1,008,845 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
13,783,976
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (10)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(31)
Page 11 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
283,646 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
4,206,451
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (11)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(31)
Page 12 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
849,386 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
11,673,324
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (12)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(31)
Page 13 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
36,723 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
952,918
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (13)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(31)
Page 14 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
174,461 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
2,771,954
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (14)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(31)
Page 15 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
35,421 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
937,025
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (15)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(31)
Page 16 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
74,502 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
1,454,024
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (16)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(31)
Page 17 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
2,047 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
31,957
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D (17)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Page 18 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
1 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
14
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D (18)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Page 19 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
4,688 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
495,548
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D & I (19)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(31)
Page 20 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
0 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
468,470
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D (20)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Page 21 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
19,699 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
263,025
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D (21)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Page 22 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
639,449 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
8,824,632
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(22)
Page 23 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
2,179,338 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
29,230,871
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(23)
Page 24 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
2,818,787 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
37,587,033
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(24)
Page 25 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
2,462,984 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
32,968,852
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(25)
Page 26 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
2,462,984 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
32,968,852
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(26)
Page 27 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
3,287,838 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
43,751,682
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(27)
Page 28 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
3,287,838 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
43,751,682
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(28)
Page 29 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3)
Class A Partnership Units
2. Transaction Date (Month/Day/Year)
03/30/99
3. Transaction Code (Instr. 8)
Code V
J(32)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
4,688 A $11.09
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
495,548
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
I
7. Nature of Indirect Beneficial Ownership (Instr. 4)
(29)
Page 30 of 42
<PAGE>
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)
N/A
2. Conversion of Exercise Price of Derivative Security
3. Transaction Date (Month/Day/Year)
4. Transaction Code (Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date (Month/Day/Year)
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
8. Price of Derivative Security (Instr. 5)
9. Number of Derivative Securities Beneficially owned at End of Month
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership (Instr. 4)
Page 31 of 42
<PAGE>
Explanation of Responses:
(1) BREA L.L.C. ("BREA LLC") is the general partner of Blackstone Real
Estate Associates L.P. ("BREA") and Blackstone Real Estate Holdings
L.P. ("BREH"), and because of such position, the total beneficial
holding of Class A Partnership Units (the "OP Units") held by BREA LLC
includes the beneficial holding of each such entity.
(2) Blackstone Real Estate Partners I L.P. ("BRE I") directly owns
4,356,783 OP Units, and the remaining 731,495 securities are directly
owned by BRE/Cambridge L.L.C. ("Cambridge") and BRE/Ceriale L.L.C.
("Ceriale").
(3) Blackstone Real Estate Partners Two L.P. ("BRE Two") directly owns
285,679 OP Units, and the remaining 731,495 OP Units are directly
owned by Cambridge and Ceriale.
(4) Blackstone Real Estate Partners Three L.P. ("BRE Three") directly owns
2,771,544 OP Units, and the remaining 731,495 OP Units are directly
owned by Cambridge and Ceriale.
(5) Blackstone Real Estate Partners IV L.P. ("BRE IV") directly owns
87,134 OP Units, and the remaining 731,495 OP Units are directly owned
by Cambridge and Ceriale.
(6) Blackstone RE Capital Partners L.P. ("BRECP") directly owns 454,392 OP
Units, and the remaining 731,495 OP Units are directly owned by
Cambridge and Ceriale.
(7) Blackstone RE Capital Partners II L.P. ("BRECP II") directly owns
49,873 OP Units, and the remaining 731,495 OP Units are directly owned
by Cambridge and Ceriale.
(8) Blackstone RE Offshore Capital Partners L.P. ("BOC") directly owns
87,732 OP Units, and the remaining 731,495 OP Units are directly owned
by Cambridge and Ceriale.
(9) BREH directly owns 2,394,697 OP Units, and the remaining 731,495 OP
Units are directly owned by Cambridge and Ceriale.
(10) Blackstone Real Estate Partners II L.P. ("BRE II") directly owns
13,315,506 OP Units, and the remaining 468,470 OP Units are directly
owned by Ceriale.
(11) Blackstone Real Estate Holdings II L.P. ("BREH II") directly owns
3,737,981 OP Units, and the remaining 468,470 OP Units are directly
owned by Ceriale.
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(12) Blackstone Real Estate Partners II.TE.1 L.P. ("BRE II TE 1") directly
owns 11,204,854 OP Units, and the remaining 468,470 OP Units are
directly owned by Ceriale.
(13) Blackstone Real Estate Partners II.TE.2 L.P. ("BRE II TE 2") directly
owns 484,448 OP Units, and the remaining 468,470 OP Units are directly
owned by Ceriale.
(14) Blackstone Real Estate Partners II.TE.3 L.P. ("BRE II TE 3") directly
owns 2,303,484 OP Units, and the remaining 468,470 OP Units are
directly owned by Ceriale.
(15) Blackstone Real Estate Partners II.TE.4 L.P. ("BRE II TE 4") directly
owns 468,555 OP Units, and the remaining 468,470 OP Units are directly
owned by Ceriale.
(16) Blackstone Real Estate Partners II.TE.5 L.P. ("BRE II TE 5") directly
owns 985,554 OP Units, and the remaining 468,470 OP Units are directly
owned by Ceriale.
(17) BRE Logan Hotel Inc. ("Logan") directly owns 31,957 OP Units.
(18) RTZ Management Corp. ("RTZ") directly owns 14 OP Units.
(19) CR/RE L.L.C. ("CRRE") directly owns 27,078 OP Units, and the remaining
468,470 OP Units are directly owned by Ceriale.
(20) Ceriale directly owns 468,470 OP Units.
(21) Cambridge directly owns 263,025 OP Units.
(22) BREA is the general partner of BRE I, BRE Two, BRE Three, BRE IV,
BRECP, BRECP II and BOC, and because of such position, the total
beneficial holding of BREA includes the number of OP Units
beneficially owned by each such entity.
(23) Blackstone Real Estate Associates II L.P. ("BREA II") is 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, and because of such position, the total beneficial
holding of BREA II includes the number of OP Units beneficially owned
by each such entity.
(24) John G. Schreiber ("Schreiber") is a limited partner in BREA and BREA
II, and 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. Therefore, the total beneficial holding of
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Schreiber includes the number of OP Units beneficially owned by each
such entity.
(25) Blackstone Real Estate Management Associates II L.P. ("BREMA II") is
the general partner of BREA II and BREH II, and because of such
position, the total beneficial holding of BREMA II includes the
beneficial holding of BREA II and BREH II.
(26) BREA II L.L.C. ("BREA II LLC") is the general partner of BREMA II, and
because of such position, the total beneficial holding of BREA II LLC
includes the beneficial holding of BREMA II.
(27) Peter G. Peterson ("Peterson"), who is a founding member of BREA LLC
and BREA II LLC, is able, together with Stephen A. Schwarzman
("Schwarzman"), to control BREA LLC, BREA II LLC, RTZ and Logan, and
because of such position and control, the total beneficial holding of
Peterson includes the beneficial holding of BREA LLC, BREA II LLC, RTZ
and Logan.
(28) Schwarzman, who is a founding member of BREA LLC and BREA II LLC, is
able, together with Peterson, to control BREA LLC, BREA II LLC, RTZ
and Logan, and because of such position and control, the total
beneficial holding of Schwarzman includes the beneficial holding of
BREA LLC, BREA II LLC, RTZ and Logan.
(29) John Ceriale ("John Ceriale") is a member with sole beneficial
ownership of CRRE, and because of such position, the total beneficial
holding of John Ceriale includes the beneficial holding of CRRE.
(30) Such entity is a member of Cambridge, and because of such membership,
the total beneficial holding of such entity includes the number of OP
Units beneficially owned by Cambridge.
(31) Such entity is a member of Ceriale, and because of such membership,
the total beneficial holding of such entity includes the number of OP
Units beneficially owned by Ceriale.
(32) BRE II, BREH II, BRE II TE 1, BRE II TE 2, BRE II TE 3, BRE II TE 4,
BRE II TE 5, BRE I, BRE Two, BRE Three, BRE IV, BRECP, BRECP II, BOC,
BREH, CRRE, Logan, Cambridge and RTZ acquired an aggregate of
3,292,526 OP Units in exchange for the right to receive 2,686,387
shares of Common Stock of Crestline Capital Corporation and $167,283
in cash, as provided for in the Contribution Agreement, dated as of
April 16, 1998, among Host Marriott Corporation, Host Marriott, L.P.
and the Contributors (as defined therein).
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Information with respect to each of the Reporting Persons is given solely by
such Reporting Person, and no Reporting Person has responsibility for the
accuracy or completeness of information supplied by another Reporting Person.
Any disclosures made hereunder with respect to persons other than the
Reporting Persons are made on information and belief after making appropriate
inquiry.
Pursuant to Rule 16a-1(a)(4) promulgated under the Securities Exchange Act of
1934, as amended, each of the Reporting Persons herein states that this
filing shall not be deemed an admission that he or it is the beneficial owner
of any of the securities covered by this Statement.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually
signed. If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB Number.
BREA L.L.C.
By: /s/ Gary M. Sumers May 13, 1999
Name: Gary M. Sumers Date
Title: Attorney-in-fact
** Signature of Reporting Person
Page 35 of 42
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ATTACHMENT A
Joint Filer Information
Names: Blackstone Real Estate Partners II L.P. ("BRE II"),
Blackstone Real Estate Holdings II L.P. ("BREH II"),
Blackstone Real Estate Partners II.TE.1 L.P. ("BRE II TE 1")
Blackstone Real Estate Partners II.TE.2 L.P. ("BRE II TE
2"), Blackstone Real Estate Partners II.TE.3 L.P. ("BRE II
TE 3"), Blackstone Real Estate Partners II.TE.4 L.P. ("BRE
II TE 4"), Blackstone Real Estate Partners II.TE.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
Logan Hotel Inc. ("Logan"); BRE/Cambridge L.L.C.
("Cambridge"), BRE/Ceriale L.L.C. ("Ceriale"), RTZ
Management Corp. ("RTZ"), Blackstone Real Estate Associates
L.P. ("BREA"), Blackstone Real Estate Associates II L.P.
("BREA II"), Blackstone Real Estate Management Associates II
L.P. ("BREMA II"), BREA II L.L.C. ("BREA II LLC"), Peter G.
Peterson ("Peterson"), Stephen A. Schwarzman ("Schwarzman"),
John G. Schreiber ("Schreiber") and John Ceriale ("John
Ceriale").
Addresses: The principal business office address of each of the
reporting persons above, except for Schreiber, is 345 Park
Avenue, 31st Floor, New York, New York 10154. The principal
business office address of Schreiber is Schreiber
Investments, 1115 East Illinois Road, Lake Forest, Illinois
60045.
Designated BREA L.L.C. ("BREA LLC")
Filer:
Issuer & Host Marriott, L.P. (no symbol)
Ticker
Symbol:
Date of March 30, 1999
Event:
Signatures: BLACKSTONE REAL ESTATE PARTNERS I L.P.
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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.
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.
BLACKSTONE REAL ESTATE HOLDINGS II L.P.
BLACKSTONE REAL ESTATE ASSOCIATES II L.P.
BLACKSTONE REAL ESTATE HOLDINGS L.P.
BLACKSTONE REAL ESTATE ASSOCIATES L.P.
BLACKSTONE REAL ESTATE MANAGEMENT ASSOCIATES II L.P.
CR/RE L.L.C.
BRE LOGAN HOTEL INC.
BRE/CAMBRIDGE L.L.C.
RTZ MANAGEMENT CORP.
BRE/CERIALE L.L.C.
BREA L.L.C.
BREA II L.L.C.
PETER G. PETERSON
STEPHEN A. SCHWARZMAN
JOHN G. SCHREIBER
Page 37 of 42
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<PAGE>
JOHN CERIALE
By: /s/ Gary M. Sumers
Name: Gary M. Sumers
Title: Attorney-in-fact
Page 38 of 42
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ATTACHMENT B
POWER OF ATTORNEY
Know all by these presents, that each signatory below hereby constitutes
and appoints each of Peter G. Peterson, Stephen A. Schwarzman, Gary M. Sumers
and Thomas J. Saylak as the true and lawful agent and attorney-in-fact of
such signatory, with full power of substitution and resubstitution, to
prepare, execute and file, on such signatory's behalf and also in such
capacity as may be indicated below, any Form 3, Form 4 or Form 5, any
amendment thereto and any other document which any such attorney-in-fact may
consider advisable in connection with the reporting, under the Securities
Exchange Act of 1934, as amended, of the beneficial holding of Class A
Partnership Units (the "OP Units") of Host Marriott, L.P. (the "Company") by
such signatory and such entities for which such signatory is an authorized
person, and such signatory hereby ratifies any such action taken or to be
taken by such attorney-in-fact. The duration of this Authorization and Power
of Attorney shall be from the date indicated below until the earlier to occur
of either (i) when none of the signatories below have any beneficial holding
of any OP Units of the Company or (ii) with reference to each signatory
below, when any such signatory revokes this Authorization and Power of
Attorney in a signed writing delivered to the foregoing attorneys-in-fact.
Date: May 13, 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: /s/ Stephen A. Schwarzman
Name: Stephen A. Schwarzman
Title: Member
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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: /s/ 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: /s/ Stephen A. Schwarzman
Name: Stephen A. Schwarzman
Title: Member
BLACKSTONE REAL ESTATE HOLDINGS L.P.
By: BREA L.L.C., General Partner
By: /s/ Stephen A. Schwarzman
Name: Stephen A. Schwarzman
Title: Member
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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
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/ Stephen A. Schwarzman
Stephen A. Schwarzman
/s/ Peter G. Peterson
Peter G. Peterson
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/s/ John G. Schreiber
John G. Schreiber
/s/ John Ceriale
John Ceriale
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
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
BRE/CAMBRIDGE L.L.C.
By: /s/ William J. Stein
Name: William J. Stein
Title: Vice President
Page 42 of 42
