Pebblebrook Hotel Trust Completes Sale of Sir Francis Drake Hotel and Provides an Update on Hotel Reopenings

Pebblebrook Hotel Trust (NYSE: PEB) today announced that it closed on the sale of the 416-room Kimpton Sir Francis Drake Hotel in San Francisco, CA to a third party on April 1, 2021, generating $157.6 million of net proceeds after customary closing costs.
Source: New feed


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