|Bid||25.26 x 800|
|Ask||31.58 x 900|
|Day's Range||26.14 - 26.60|
|52 Week Range||24.51 - 34.54|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 24, 2020 - Feb 28, 2020|
|Forward Dividend & Yield||1.52 (5.85%)|
|1y Target Est||28.71|
The Kimpton Topaz Hotel closed Monday, after the Dupont Circle hotel sold for for $33.1 million to Douglas Development. Douglas Development affiliate Jemal's Dupont Hotel LLC acquired the 99-room hotel at 1733 N St. NW. The property, which formerly operated as an apartment building, last sold for $10.5 million in 2001.
Pebblebrook Hotel (PEB) intends to use sale proceeds from Topaz Hotel disposition to reduce the company's outstanding borrowings and leverage level.
Pebblebrook Hotel Trust announced that it closed on the sale of the 99-room Topaz Hotel in Washington, D.C. for $33.1 million to a third party on November 22, 2019.
LOS ANGELES, Nov. 4, 2019 /PRNewswire/ -- sbe, the leading international lifestyle hospitality group that develops, manages and operates award-winning venues — and Pebblebrook, the premier owner of lifestyle hotels, are proud to announce the debut of Mondrian Los Angeles' highly-anticipated $19 million dollar hotel redesign. Nestled atop the hills of West Hollywood on Sunset Boulevard, the ever-inspiring luxury hotel officially unveils its 236 redesigned rooms, including its signature Skyview Loft and Penthouse, complete with a new lobby, redesigned meeting spaces, plus an upgraded fitness center. Sam Nazarian, Founder & CEO of sbe states: "Mondrian Los Angeles is an iconic hotel in our sbe portfolio.
If you're interested in Pebblebrook Hotel Trust (NYSE:PEB), then you might want to consider its beta (a measure of...
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
Pebblebrook Hotel (PEB) delivered FFO and revenue surprises of 0.00% and 0.24%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Pebblebrook Hotel Trust today announced that it executed a contract to sell the 99-room Topaz Hotel in Washington, D.C. for $33.0 million to a third party.
Pebblebrook Hotel Trust (NYSE: PEB) continues to shed its D.C. portfolio, selling the Kimpton Hotel Madera for $23.3 million. Pios Grande Xgen DC Hotel LLC, a limited liability company registered to Pennsylvania-based capital investment firm Roch Capital Inc.
The Morningstar U.S. Real Estate Index is up 25% year to date as of Sept. 24 (Exhibit 1). Real estate was among the best performing sectors in the third quarter as growing economic concerns have led to declines in interest rates, which have made the defensive nature of long-term leases with tenants and the high dividend payouts of REITs more attractive to investors.
Pebblebrook Hotel's (PEB) sale of Hotel Madera in line with its strategic disposition program that aims to optimize portfolio and reduce leverage levels.
Pebblebrook Hotel Trust today announced that it is relocating its corporate headquarters to 4747 Bethesda Avenue, Suite 1100, Bethesda, MD 20814.
Pebblebrook Hotel Trust (NYSE:PEB) stock is about to trade ex-dividend in 4 days time. Ex-dividend means that...
SAN DIEGO, Sept. 16, 2019 /PRNewswire/ -- Noble House Hotels and Resorts, Ltd., a hotel ownership and management group with an upscale portfolio of 20 distinct and visually captivating properties spanning the U.S., has announced the completion of a massive $21 million renovation of the Hilton San Diego Resort & Spa, located at 1775 East Mission Bay Drive in San Diego, California. The resort overlooks Mission Bay and offers 357 rooms and suites, an American cuisine restaurant and poolside lounge, waterfront dining, an extensive fitness center and a luxurious full-service spa. The renovation was managed by JLL's Project and Development Services group on behalf of property owner Pebblebrook Hotel Trust (PEB).
Pebblebrook Hotel's (PEB) sale of Rouge Hotel is in line with its strategic disposition program that aims to optimize portfolio reduce leverage levels by repayment of outstanding debt.
Pebblebrook Hotel Trust (NYSE:PEB), which is in the reits business, and is based in United States, saw significant...
Amid active transaction market, Host Hotels & Resorts (HST) monetizes six low RevPAR, non-core assets. While this will enhance portfolio quality, it might result in near-term earnings dilution.