secwatch.observer — SEC 8-K summary
======================================

Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001474098-25-000143
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pebblebrook completes $44.25M sale of Montrose at Beverly Hills; another $72M hotel under contract
--------------------------------------------------------------------------------

- Sale of 133-room Montrose at Beverly Hills for $44.25M to third party.
- Sales price implies 16.1x EBITDA multiple and 5.2% NOI cap rate (4% capital reserve).
- Proceeds to be used for debt reduction, share repurchases, and other capital allocation.
- Transaction does not affect Q4 or full-year 2025 outlook issued Nov 5.
- Company has one other hotel under contract at $72.0M, expected to close in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409825000143/0001474098-25-000143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409825000143/peb-20251119.htm
  HTML page:      https://secwatch.observer/filing/0001474098-25-000143

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer