Acquisitions
Bid for LaSalle Heats Up: Pebblebrook Offer Being Considered
BETHESDA, MD—The battle to takeover LaSalle Hotel Properties is not over—yet. LaSalle recently revealed that its board, through a unanimous…
Pebblebrook Hotel Trust
Acquisitions
Pebblebrook Increases Offer to Merge with LaSalle
BETHESDA, MD—Pebblebrook Hotel Trust is upping the ante in its pursuit of LaSalle Hotel Properties. The latest proposal is a…
Industry
LaSalle Moves Forward With Blackstone Deal, Pebblebrook Looks to Block Merger
BETHESDA, MD—LaSalle Hotel Properties’ board of trustees has determined that the unsolicited proposal received from Pebblebrook Hotel Trust on July…
Ownership
Pebblebrook Continues to Pursue LaSalle, Sees Healthy Q2
BETHESDA, MD—In an earnings call, Pebblebrook Hotel Trust reported that it remains convinced that a merger with LaSalle Hotel Properties presents…
Acquisitions
Pebblebrook Urges LaSalle Shareholders to Vote Against Proposed Sale to Blackstone
BETHESDA, MD—Pebblebrook Hotel Trust has filed a preliminary proxy statement with the United States Securities and Exchange Commission (SEC) to…
Acquisitions
Blackstone to Acquire LaSalle Hotel Properties for $4.8B
BETHESDA, MD—Coming fresh off a sale of its remaining 15.8 million shares in Hilton, Blackstone has entered into a deal…
Pebblebrook Completes Sale of Parking Garage at Revere Hotel Boston Common
BETHESDA, MD—Pebblebrook Hotel Trust has closed on the sale of the 826-space parking garage, which included 10,500 sq. ft. of…
Pebblebrook Hotel Trust Completes Sale of the Dumont NYC
BETHESDA, MD—Pebblebrook Hotel Trust has closed on the sale of the 252-guestroom Dumont NYC for $118 million. The sale price…
Grand Opening of Hotel Zoe Fisherman’s Wharf Scheduled for Summer 2017
SAN FRANCISCO—Hotel Zoe Fisherman’s Wharf will complete a $16-million renovation and rebranding with a grand opening scheduled for this summer.…
Pebblebrook Completes Sale of NY Hotel
BETHESDA, MD—Pebblebrook Hotel Trust has closed on the sale of the 618-room, upper-upscale, full-service Manhattan NYC Hotel for $217.5 million…