Articles tagged “pebblebrook”

Pebblebrook Plans to Sell $1 Billion in Assets After Buying Hotel Real Estate Competitor

Pebblebrook Plans to Sell $1 Billion in Assets After Buying Hotel Real Estate Competitor

Patrick Clark, Bloomberg

Consolidation in the hospitality industry continues, as does the selling of real estate assets.

2 weeks ago

LaSalle Spurns Blackstone By Picking Its Hotel Real Estate Rival for $5.2 Billion

LaSalle Spurns Blackstone By Picking Its Hotel Real Estate Rival for $5.2 Billion

Patrick Clark, Bloomberg

Looks like slow and steady won the race for Pebblebrook, even in going up against private equity behemoth Blackstone.

3 weeks ago

Investment Group LaSalle Hotel Properties Reconsiders Blackstone’s Takeover Offer

Investment Group LaSalle Hotel Properties Reconsiders Blackstone’s Takeover Offer

Gillian Tan, Bloomberg

As the saying goes, it's not over until it's really over. Or in this case, until LaSalle makes up its mind.

4 weeks ago

LaSalle Believes Rival Bidder Inappropriately Bought Its Shares

LaSalle Believes Rival Bidder Inappropriately Bought Its Shares

Gillian Tan, Bloomberg

The drama between LaSalle and Pebblebrook continues. Who said the Marriott-Starwood-Anbang affair would be the only dramatic hospitality merger we'd see?

3 months ago

Pebblebrook Hotel Trust Looks to Prevent Blackstone From Buying Its Rival

Pebblebrook Hotel Trust Looks to Prevent Blackstone From Buying Its Rival

Gillian Tan, Bloomberg

Consolidation is happening throughout the hospitality industry, and not just among the brands.

4 months ago