Pebblebrook sells Boston hotel for $58M
Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders
Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns
Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up
Master of Risk | Episode 3: Live from the Global Credit & Risk Symposium
Pebblebrook Hotel Trust said it sold the 112-room Onyx Hotel in Boston for $58.3 million, reflecting a 5.9% net operating income capitalization rate and a 15.3x EBITDA multiple.
The hotel real estate investment trust will use the proceeds from the sale for general corporate purposes, including reducing its outstanding debt.
