newsfilter
← Latest News
Business Wire·

Pebblebrook Hotel Trust Completes $44.25 Million Sale of Montrose at Beverly Hills

  • Pebblebrook Hotel Trust sold the 133-room Montrose at Beverly Hills for $44.25 million on November 19, 2025.
  • The sale price represents a 16.1x EBITDA multiple & a 5.2% NOI capitalization rate based on trailing twelve-month performance ended September 30, 2025.
  • Proceeds will be used for general corporate purposes, including debt reduction, share repurchases, & other capital allocation priorities.
  • The transaction is not expected to impact the Company's fourth-quarter or full-year 2025 Outlook issued on November 5, 2025.
  • Pebblebrook has one additional hotel under contract for $72.0 million, expected to close in the fourth quarter subject to customary conditions.
  • The Company currently owns 45 hotels totaling approximately 12,000 guest rooms across 13 urban & resort markets.
  • Historical operating data shows 2025 Q3 occupancy at 81%, ADR at $290, & Hotel EBITDA at $102.4 million.