SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13G/A
(Amendment No. 1)
Chatham Lodging Trust
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
16208T102
(CUSIP Number)
December 31, 2013
(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 13 Pages)
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*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. 16208T102 13G Page 2 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Realty Partners, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
878,713
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
878,713
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
878,713
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(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
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(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.3%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 16208T102 13G Page 3 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Realty Partners (a), L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
291,393
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
291,393
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
291,393
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.1%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 16208T102 13G Page 4 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Trading Vehicle, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
284,269
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
284,269
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
284,269
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.1%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 16208T102 13G Page 5 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Capital Advisors, LLC
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
1,162,982
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,162,982
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,162,982
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
4.4%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
OO
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CUSIP No. 16208T102 13G Page 6 of 13 Pages
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(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
291,393
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
291,393
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
291,393
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.1%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
OO
-----------------------------------------------------------------------
CUSIP No. 16208T102 13G Page 7 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Capital Management, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
1,454,375
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,454,375
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,454,375
-----------------------------------------------------------------------
(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. 16208T102 13G Page 8 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
Charles Fitzgerald
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
1,454,375
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,454,375
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,454,375
-----------------------------------------------------------------------
(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
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CUSIP No. 16208T102 13G Page 9 of 13 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Chatham Lodging Trust (the "Company").
Item 1(b). Address of Issuer's Principal Executive Offices:
50 Cocoanut Row, Suite 211
Palm Beach, FL 33480
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. 16208T102 13G Page 10 of 13 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
400 Park Avenue 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:
16208T102
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. 16208T102 13G Page 11 of 13 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 Company's Quarterly Report for the quarterly period ended
September 30, 2013 on Form 10-Q filed on November 6, 2013, indicates there
were 26,295,558 shares of Common Stock outstanding as of November 6, 2013.
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. 16208T102 13G Page 12 of 13 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. 16208T102 13G Page 13 of 13 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 13, 2014
/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.