Pebblebrook Hotel Trust Sells Chamberlain West Hollywood for $43.5 Million
Pebblebrook Hotel Trust has sold its 115-room Chamberlain West Hollywood hotel in Los Angeles for $43.5 million, with the transaction reflecting a 14.5× EBITDA multiple and a 5.9% NOI cap rate. The proceeds will be used to reduce debt, repurchase shares, and support other investment priorities.
