Preferred Stock Offering

Real Estate
Preferred Stock Offering

Summary

Baird served as a co-manager in this offering.

About

Pebblebrook Hotel Trust (NYSE: PEB) (“Pebblebrook” or the “Company”) recently completed a 5,000,000 share offering of its 7.875% series A cumulative redeemable preferred shares at $25.00 per share, generating gross proceeds of $125.0 million. Pebblebrook intends to use the net proceeds from the offering to invest in hotel properties and for general business purposes.

Pebblebrook is a real estate investment trust organized to opportunistically acquire and invest primarily in upper-upscale full-service hotels located in large urban and resort markets with an emphasis on the major coastal cities. The Company currently owns nine hotels with a total of 2,552 guest rooms in six states and the District of Columbia.

For additional information about this transaction, please contact:

Rick Conklin (312) 609-5480
Justin Glasgow (703) 821-5763
Real Estate
Preferred Stock Offering
Date
March 2011
Company
Pebblebrook Hotel Trust
Transaction
M&A
Sectors
Real Estate
Target Location
North America

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