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.