|Bid||0.00 x 800|
|Ask||0.00 x 1300|
|Day's Range||17.12 - 18.30|
|52 Week Range||16.45 - 26.45|
|Beta (5Y Monthly)||1.69|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 26, 2022|
|Forward Dividend & Yield||0.04 (0.23%)|
|Ex-Dividend Date||Jun 29, 2022|
|1y Target Est||26.55|
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Pebblebrook Hotel Trust, which owns more hotels in San Francisco than any other company, has unloaded the The Marker Hotel, a 208-room property on Geary Street four blocks from Union Square. The Maryland real estate investment trust (NYSE: PEB) announced at market close it had sold the hotel for $77 million, or about $370,192 per key. Pebblebrook CFO Raymond D. Martz confirmed the buyer is Los Angeles-based real estate investment firm Stockdale Capital Partners, as indicated by a new liquor license application for the hotel this week.
BETHESDA, Md., June 28, 2022--Pebblebrook Hotel Trust Completes Sale of The Marker San Francisco
Pebblebrook (PEB) expands into the vibrant, high-barrier-to-entry Newport market with the acquisition of Gurney's Newport Resort & Marina.