---
schema_version: "secwatch.filing_event.v1"
accession: "0001474098-26-000042"
form_type: "8-K"
ticker: "PEB"
cik: "0001474098"
company_name: "Pebblebrook Hotel Trust"
filed_at: "2026-05-28T20:07:43+00:00"
generated_at: "2026-05-28T20:55:59.098731+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pebblebrook sells The Chamberlain West Hollywood for $43.5M; updates 2026 outlook

## Summary
- Sold 115-room Chamberlain West Hollywood Hotel for $43.5M (14.5x EBITDA, 5.9% cap rate) on May 27, 2026.
- Accepted $33.7M liquidation preference of preferred shares as partial consideration, retiring them at a 23% discount ($26.1M value).
- Since late 2025: reduced debt by ~$160M, retired $47M preferred at avg 23% discount, repurchased $62M common (5.4M shares at $11.51 avg).
- Full-year 2026 Adjusted EBITDA re lowered $1.5M to $334.5-$346.5M; AFFO per share unchanged at $1.60-$1.70.

## SEC filing metadata
- accession: 0001474098-26-000042
- form_type: 8-K
- ticker: PEB
- cik: 0001474098
- company_name: Pebblebrook Hotel Trust
- filed_at: 2026-05-28T20:07:43+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474098/000147409826000042/0001474098-26-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474098/000147409826000042/peb-20260527.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474098-26-000042
- JSON: https://secwatch.observer/filing/0001474098-26-000042.json
- Plain text: https://secwatch.observer/filing/0001474098-26-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.