Title

Pebblebrook Hotel Trust

3 years ago
Pebblebrook Hotel Trust Sends Letter to Board of Lasalle Hotel Properties
News 16 hours ago
Pebblebrook Hotel Trust Sends Letter to Board of Lasalle Hotel Properties

BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE:PEB) (“Pebblebrook”) today sent a letter to the Board of Trustees of LaSalle Hotel...

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Hotel Deal Shows Private Equity's Power When Firms Decide to Dip Into Record $180 Billion in Dry Powder
News 1 month ago
Hotel Deal Shows Private Equity's Power When Firms Decide to Dip Into Record $180 Billion in Dry Powder

Hotel Deal Shows Private Equity's Power When Firms Decide to Dip Into Record $180 Billion in Dry Powder Excess Capital Facing Diminished...

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Pebblebrook Revises LaSalle Offer in Tussle With Blackstone
News 1 month ago
Pebblebrook Revises LaSalle Offer in Tussle With Blackstone

The company made a fresh offer in writing that reflects its share gains since its bid last month, according to a Pebblebrook statement Monday. ...

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Multiple Offers Compete for LaSalle Hotel Properties
News 1 month ago
Multiple Offers Compete for LaSalle Hotel Properties

In the wake of an announcement that Blackstone Group had agreed to buy LaSalle Hotel Properties, news broke that Pebblebrook would be increasing...

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LaSalle Rejects Pebblebrook's Latest Offer In Favor Of Blackstone Deal
News 1 month ago
LaSalle Rejects Pebblebrook's Latest Offer In Favor Of Blackstone Deal

The bidding war over LaSalle Hotel Properties has taken its latest turn, with the Bethesda-based hospitality REIT rejecting the new offer...

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LaSalle Alerts SEC to Stock Purchases by Suitor Pebblebrook
News 3 weeks ago
LaSalle Alerts SEC to Stock Purchases by Suitor Pebblebrook

The losing suitor, Pebblebrook Hotel Trust, “was provided with material nonpublic information” during the sale process LaSalle said in a filing...

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Pebblebrook Hotel Trust Submits Revised Higher Offer to Acquire LaSalle Hotel Properties
News 1 month ago
Pebblebrook Hotel Trust Submits Revised Higher Offer to Acquire LaSalle Hotel Properties

BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) (“Pebblebrook”) today released an offer letter dated June 11, 2018 to the Board...

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What’s Behind Blackstone’s Latest Hotel Plays?
News 1 month ago
What’s Behind Blackstone’s Latest Hotel Plays?

Investors like Blackstone are drawn to the strong, long-term demand they see for hotel properties. Private equity giant Blackstone continued it...

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Pebblebrook Submits Revised Offer For LaSalle Hotel Properties
News 1 month ago
Pebblebrook Submits Revised Offer For LaSalle Hotel Properties
Source GlobeSt

A LaSalle Hotel holding BETHESDA, MD–Pebblebrook Hotel Trust released a letter this morning that it has sent to LaSalle Hotel Properties’ Board of...

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LaSalle Turns Down Pebblebrook Offer for Fourth Time
News 1 month ago
LaSalle Turns Down Pebblebrook Offer for Fourth Time

LaSalle Turns Down Pebblebrook Offer for Fourth Time Hotel REIT Reaffirms Support for Blackstone Merger; Ultimate Decision Goes to Shareholders,...

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10 Must Reads for the CRE Industry Today (June 13, 2018)
News 1 month ago
10 Must Reads for the CRE Industry Today (June 13, 2018)

Seattle abandons plans for a homelessness tax after pressure from Amazon, reports the Associated Press. Blackstone has tripled its fundraising goal...

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Pebblebrook Hotel Trust Files Preliminary Proxy Statement to Urge LaSalle Hotel Properties Shareholders to Vote Against Proposed Sale to Blackstone
News 1 week ago
Pebblebrook Hotel Trust Files Preliminary Proxy Statement to Urge LaSalle Hotel Properties Shareholders to Vote Against Proposed Sale to Blackstone

BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE:PEB) (“Pebblebrook”) today announced it has filed a preliminary proxy statement with...

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Pebblebrook Hotel Trust ups its bid for LaSalle
News 1 month ago
Pebblebrook Hotel Trust ups its bid for LaSalle

Pebblebrook Hotel Trust, as expected, is still trying to get its hands on LaSalle Hotel Properties. Bethesda-based LaSalle (NYSE: LHO) has already...

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Here’s what LaSalle’s CEO stands to make if the Blackstone deal closes
News 1 month ago
Here’s what LaSalle’s CEO stands to make if the Blackstone deal closes

By Rebecca Cooper  – Senior Staff Reporter, Washington Business Journal LaSalle Hotel Properties Inc. (NYSE: LHO) CEO Michael Barnello would be...

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Pebblebrook looking to derail Blackstone's $4.8B bid for La Salle
News 1 month ago
Pebblebrook looking to derail Blackstone's $4.8B bid for La Salle

Pebblebrook Hotel Trust is upping its offer in an effort to block the Blackstone Group's prospective $4.8 billion acquisition of LaSalle Hotel...

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LaSalle Picks Blackstone's $4.8 Billion Bid Over Pebblebrook
News 1 month ago
LaSalle Picks Blackstone's $4.8 Billion Bid Over Pebblebrook

Pebblebrook’s offer “does not constitute, and could not reasonably be expected to lead to, a superior proposal” to Blackstone’s, the company said...

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LaSalle Hotel Trust affirms Blackstone deal, rejects Pebblebrook again
News 1 month ago
LaSalle Hotel Trust affirms Blackstone deal, rejects Pebblebrook again

Bethesda-based LaSalle Hotel Properties (NYSE: LHO) expects its sale to Blackstone to close as soon as August after rejecting a competing offer...

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Pebblebrook Hotel Trust Declares Dividends for Second Quarter 2018
News 1 month ago
Pebblebrook Hotel Trust Declares Dividends for Second Quarter 2018

BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that its Board of Trustees has authorized, and...

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LaSalle chooses Blackstone's $4.8B bid
News 1 month ago
LaSalle chooses Blackstone's $4.8B bid

LaSalle Hotel Properties reiterated its rejection of Pebblebrook Hotel Trust, choosing instead to move forward with a possible acquisition by the...

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Mergers and acquisitions are coming on strong in the REIT industry
News 1 month ago
Mergers and acquisitions are coming on strong in the REIT industry

Mergers and acquisitions are heating up in the world of real estate investment trusts, thanks largely to cheap stock prices. Buyers are going after...

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Pebblebrook Hotel Trust Schedules Second Quarter 2018 Earnings Release and Conference Call
News 3 weeks ago
Pebblebrook Hotel Trust Schedules Second Quarter 2018 Earnings Release and Conference Call

BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it will report its financial and operating...

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Not So Fast Blackstone; Pebblebrook Ups Offer for LaSalle Hotel Properties
News 1 month ago
Not So Fast Blackstone; Pebblebrook Ups Offer for LaSalle Hotel Properties

Not So Fast Blackstone; Pebblebrook Ups Offer for LaSalle Hotel Properties New Stock-for-Stock Offer Implies a Value of $37.80/Share By Mark...

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Pebblebrook Continues to Pursue LaSalle Hotel Properties
Blog 1 month ago
Pebblebrook Continues to Pursue LaSalle Hotel Properties

Bethesda, MD-based Pebblebrook Hotel Trust submitted a revised merger proposal for a strategic combination with LaSalle Hotel Properties. The most...

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LaSalle Reviewing New, Higher Offer As Pebblebrook Looks To Outbid Blackstone
News 1 month ago
LaSalle Reviewing New, Higher Offer As Pebblebrook Looks To Outbid Blackstone

Three weeks after LaSalle Hotel Properties announced it had agreed to be bought by Blackstone, a persistent local competitor is not giving up on...

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LaSalle Hotel Properties Confirms Receipt of Proposal from Pebblebrook Hotel Trust
News 1 month ago
LaSalle Hotel Properties Confirms Receipt of Proposal from Pebblebrook Hotel Trust

BETHESDA, Md.--(BUSINESS WIRE)--LaSalle Hotel Properties (NYSE: LHO) (“LaSalle” or the “Company”) today confirmed that it received a proposal from...

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Pebblebrook formally urges LaSalle shareholders to vote against Blackstone merger
News 1 week ago
Pebblebrook formally urges LaSalle shareholders to vote against Blackstone merger

Pebblebrook Hotel Trust is formally urging shareholders in LaSalle Hotel Properties to vote against the company’s proposed merger with an affiliate...

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M&A Madness: Why 2018 Is The Year Of Corporate Consolidation
News 2 days ago
M&A Madness: Why 2018 Is The Year Of Corporate Consolidation

Corporate consolidation through mergers and acquisitions is heating up as real estate firms look for ways to scale and source deals in the current...

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REIT Consolidation: Aggressive M&A Market To Peak In 2018?
News 2 days ago
REIT Consolidation: Aggressive M&A Market To Peak In 2018?

Corporate consolidation through mergers and acquisitions is heating up as real estate firms look for ways to scale and source deals in the current...

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Pebblebrook Hotel Trust Announces Increased Ownership Position in LaSalle Hotel Properties and Reiterates Its Offer with Downside Protection and Upside Potential
News 1 month ago
Pebblebrook Hotel Trust Announces Increased Ownership Position in LaSalle Hotel Properties and Reiterates Its Offer with Downside Protection and Upside Potential

BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) (“Pebblebrook”) today announced it has almost doubled its ownership of common...

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Report: LaSalle flags SEC over Pebblebrook’s recent share purchases
News 3 weeks ago
Report: LaSalle flags SEC over Pebblebrook’s recent share purchases

LaSalle Hotel Trust (NYSE: LHO), the Bethesda real estate investment trust that has been the subject of quite a bit of M&A activity for the past...

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