0001524493-15-000010.txt : 20150220
0001524493-15-000010.hdr.sgml : 20150220
20150220121159
ACCESSION NUMBER: 0001524493-15-000010
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20150220
DATE AS OF CHANGE: 20150220
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Easterly Government Properties, Inc.
CENTRAL INDEX KEY: 0001622194
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 472047728
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-88737
FILM NUMBER: 15634540
BUSINESS ADDRESS:
STREET 1: 2101 L STREET NW
STREET 2: SUITE 750
CITY: WASHINGTON
STATE: DC
ZIP: 20037
BUSINESS PHONE: (202) 595-9500
MAIL ADDRESS:
STREET 1: 2101 L STREET NW
STREET 2: SUITE 750
CITY: WASHINGTON
STATE: DC
ZIP: 20037
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: V3 Capital Management, L.P.
CENTRAL INDEX KEY: 0001524493
IRS NUMBER: 450637531
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 477 MADISON AVENUE
STREET 2: SUITE 320
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 2124217548
MAIL ADDRESS:
STREET 1: 477 MADISON AVENUE
STREET 2: SUITE 320
CITY: NEW YORK
STATE: NY
ZIP: 10022
SC 13G
1
DEA02-15.txt
13G
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13G
Easterly Government Properties, Inc.
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
27616P103
(CUSIP Number)
February 10, 2015
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 15 Pages)
---------------
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 31 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 27616P103 13G Page 2 of 15 Pages
-----------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
V3 Realty Partners, L.P.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
688,105
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
688,105
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
688,105
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
2.8%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
-----------------------------------------------------------------------
CUSIP No. 27616P103 13G Page 3 of 15 Pages
-----------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
V3 Trading Vehicle, L.P.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
239,816
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
239,816
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
239,816
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.0%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
-----------------------------------------------------------------------
CUSIP No. 27616P103 13G Page 4 of 15 Pages
-----------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
V3 Realty Partners (a), L.P.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
391,849
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
391,849
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
391,849
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.6%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
-----------------------------------------------------------------------
CUSIP No. 27616P103 13G Page 5 of 15 Pages
-----------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
V3 Capital Advisors, LLC
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
927,921
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
927,921
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
927,921
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.8%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
OO
-----------------------------------------------------------------------
CUSIP No. 27616P103 13G Page 6 of 15 Pages
-----------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
V3 Capital Advisors (a), LLC
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
391,849
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
391,849
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
391,849
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.6%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
OO
-----------------------------------------------------------------------
CUSIP No. 27616P103 13G Page 7 of 15 Pages
-----------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
V3 Capital Management, L.P.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
1,319,770
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,319,770
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,319,770
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
5.5%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
-----------------------------------------------------------------------
CUSIP No. 27616P103 13G Page 8 of 15 Pages
-----------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
Charles Fitzgerald
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
1,319,770
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,319,770
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,319,770
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
5.5%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IN
-----------------------------------------------------------------------
CUSIP No. 27616P103 13G Page 9 of 15 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Easterly Government Properties, Inc. (the "Company").
Item 1(b). Address of Issuer's Principal Executive Offices:
2101 L Street NW, Suite 750
Washington, DC 20037
Item 2(a). Name of Person Filing:
This statement is filed by:
(i) V3 Realty Partners, L.P., a Delaware limited partnership
("V3RP"), with respect to shares of Common Stock (as defined in item 2(d)
below) directly owned by it;
(ii) V3 Realty Partners (a), L.P., a Delaware limited partnership
("V3RP(a)"), with respect to shares of Common Stock directly owned by it;
(iii) V3 Trading Vehicle, L.P. a Cayman Islands exempted
limited partnership ("V3TV" and together with V3RP and V3RP(a), the
"Partnerships") with respect to shares of Common Stock directly owned by
it (and V3 Realty Partners Offshore Fund, Ltd., a Cayman Islands
exempted company invests through V3TV (the "fund"))
(iv) V3 Capital Advisors, LLC, a Delaware limited liability
company (the "General Partner") which serves as the general partner
of V3RP and V3TV with respect to shares of Common Stock directly
owned by V3RP and V3TV;
(v) V3 Capital Advisors (a), LLC, a Delaware limited liability
company (the "V3RP(a) General Partner") which serves as the general
partner of V3RP(a) with respect to shares of Common Stock directly
owned by V3RP(a);
(vi) V3 Capital Management, L.P., a Delaware limited partnership
(the "Investment Manager") which serves as the investment manager to the
Partnerships and the fund with respect to shares of Common Stock directly
owned by each of the Partnerships and the fund through its investment
in V3TV;
(vii) Mr. Charles Fitzgerald ("Mr. Fitzgerald") who serves
as the managing member of the General Partner and the V3RP(a) General
Partner and managing member of the general partner of the Investment
Manager with respect to shares of Common Stock directly owned by the
Partnerships and the fund through its investment in V3TV.
The Partnerships, the General Partner, the V3RP(a) General Partner,
the Investment Manager, and Mr. Fitzgerald are hereinafter sometimes
collectively referred to as the "Reporting Persons."
The filing of this statement should not be construed as an admission that
any of the Reporting Persons is, for the purposes of Section 13 of the Act,
the beneficial owner of the Common Stock reported herein.
CUSIP No. 27616P103 13G Page 10 of 15 Pages
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the business office of each of the Reporting Persons is
477 Madison Ave, New York, NY 10022.
Item 2(c) Citizenship:
V3 Realty Partners, L.P., V3 Realty Partners (a), L.P., the Managing Member,
the General Partner, the V3RP(a) General Partner, and the Investment Manager
are each organized under the laws of the State of Delaware.
V3 Trading Vehicle, L.P. is organized under the exempted limited partnership
laws of the Cayman Islands. Mr. Fitzgerald is a citizen of the United
States of America.
Item 2(d). Title of Class of Securities:
Common Stock, $.01 Par Value (the "Common Stock")
Item 2(e). CUSIP Number:
27616P103
Item 3. If this statement is filed pursuant to Rules 13d-1(b), OR 13d-2(b)
OR (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act;
(b) [ ] Bank as defined in Section 3(a)(6) of the Act;
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Act;
(d) [ ] Investment company registered under Section 8 of the Investment
Company Act of 1940;
(e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment Company Act;
(j) [ ] A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(K).
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)
(ii)(J), please specify the type of institution:
________________________________
CUSIP No. 27616P103 13G Page 11 of 15 Pages
Item 4. Ownership.
The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of
the cover page for each Reporting Person hereto and is incorporated herein
by reference for each such Reporting Person.
The percentages in this Schedule 13G are based upon the 24,168,379 shares
of Common Stock the Company anticipated it would have issued and outstanding
after the initial public offering of the Common Stock as reflected in the
Form 424B4 filed by the Company on February 9, 2015, and the figures
reflected in the Form 8-K filed by the Company on February 11, 2015.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
V3RP and V3TV are each a private investment partnership, the sole general
partner of which is the General Partner and the investment manager of which
is the Investment Manager. As the sole general partner of V3RP and V3TV,
the General Partner has the power to vote and dispose of the securities
owned by V3RP and V3TV and, accordingly, may be deemed the "beneficial
owner" of such securities. The managing member of the General Partner is
Charles Fitzgerald. V3RP(a) is a private investment partnership, the sole
general partner of which is the V3RP(a) General Partner and the investment
manager of which is the Investment Manager. As the sole general partner
of V3RP(a), the V3RP(a) General Partner has the power to vote and dispose
of the securities owned by V3RP(a), accordingly, may be deemed the
"beneficial owner" of such securities. The managing member of the V3RP(a)
General Partner is Charles Fitzgerald. As the investment manager of each
of the Partnerships, the Investment Manager has the power to vote and
dispose of the securities owned by each of the Partnerships and,
accordingly, may be deemed the "beneficial owner" of such securities.
The managing member of the general partner of the Investment
Manager is Charles Fitzgerald.
Charles Fitzgerald is solely responsible for investment management duties.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
CUSIP No. 27616P103 13G Page 12 of 15 Pages
Item 10. Certification.
Each of the Reporting Persons hereby makes the following certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
CUSIP No. 27616P103 13G Page 13 of 15 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
DATED: February 20, 2015
/s/ Charles Fitzgerald
------------------------------------
Charles Fitzgerald
Individually;
And as managing member of:
(I) V3 Capital Advisors, LLC,
for itself and as general partner of:
(A) V3 Realty Partners, L.P.; and
(B) V3 Trading Vehicle, L.P.
(II) the general partner of V3 Capital Management, L.P.
(III) V3 Capital Advisors (a), LLC,
for itself and as general partner of:
(A) V3 Realty Partners (a), L.P.
CUSIP No. 27616P103 13G Page 14 of 15 Pages
EXHIBIT INDEX
Exhibit 1. "Joint Filing Agreement as required by Rule 13d-1(k) (1) under
the Securities Exchange Act of 1934, as amended."
CUSIP No. 27616P103 13G Page 15 of 15 Pages
Exhibit 1.
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G, shall be filed
on behalf of each of the undersigned without the necessity of filing
additional joint acquisition statements.
The undersigned acknowledge that each shall be responsible for the
timely filing of such amendments, and for the completeness and accuracy
of the information concerning him or it contained therein, but shall
not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has
reason to believe that such information is inaccurate.
DATED: February 20, 2015
/s/ Charles Fitzgerald
------------------------------------
Charles Fitzgerald
Individually;
And as managing member of:
(I) V3 Capital Advisors, LLC,
for itself and as general partner of:
(A) V3 Realty Partners, L.P.; and
(B) V3 Trading Vehicle, L.P.
(II) the general partner of V3 Capital Management, L.P.
(III) V3 Capital Advisors (a), LLC,
for itself and as general partner of:
(A) V3 Realty Partners (a), L.P.