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Home Finance Pebblebrook Clinches $43.5MM Sale of Chamberlain West Hollywood, Pushes Disposition Tally Past $1B
FinanceHospitalityIndustry NewsLos Angeles

Pebblebrook Clinches $43.5MM Sale of Chamberlain West Hollywood, Pushes Disposition Tally Past $1B

June 1, 20263 Mins read326
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The REIT's retreat from Los Angeles hospitality is now funding debt reduction, preferred equity retirement and share buybacks rather than reinvestment. Pebblebrook Hotel Trust has closed another chapter in its multi-year retreat from Los Angeles hospitality, selling the 115-room Chamberlain West Hollywood Hotel at 1000 Westmount Drive for $43.5 million. The Bethesda-based REIT (NYSE: PEB) […]

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