SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13G/A
(Amendment No. 1)
Easterly Government Properties, Inc.
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
27616P103
(CUSIP Number)
December 31, 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 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. 27616P103 13G/A 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
538,895
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
538,895
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
538,895
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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)
2.2%
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(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 27616P103 13G/A 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
304,218
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
304,218
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
304,218
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.3%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 27616P103 13G/A 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
204,645
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
204,645
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
204,645
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.8%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 27616P103 13G/A 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
743,540
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
743,540
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
743,540
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.1%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
OO
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CUSIP No. 27616P103 13G/A Page 6 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Capital Advisors (a), LLC
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(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
304,218
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
304,218
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
304,218
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.3%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
OO
-----------------------------------------------------------------------
CUSIP No. 27616P103 13G/A 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
1,047,758
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,047,758
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,047,758
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
4.3%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 27616P103 13G/A 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
1,047,758
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,047,758
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,047,758
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
4.3%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IN
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CUSIP No. 27616P103 13G/A Page 9 of 13 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 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 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 Common Stock directly owned by
it, and, with respect to the indirect interest of V3 Realty Partners
Offshore Fund, Ltd., a Cayman Islands exempted company that invests
through V3TV (the "fund"), such shares of common stock;
(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 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 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 Common Stock directly
owned by each of the Partnerships and the fund through its investment
in V3TV; and
(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 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/A 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
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 Shares of beneficial interest, $0.01 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/A 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 percentages used herein and in the rest of this 13G/A are calculated
based on 24,168,379 shares of Common Stock outstanding as of
November 5, 2015. The Company's Quarterly Report for the quarterly period ended
September 30, 2015 on Form 10-Q was filed on November 5, 2015.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following: [X]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
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/A 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. 27616P103 13G/A 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 12, 2016
/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.