secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2026-10-09T20:06:01+00:00
Accession:  0001474098-26-000066
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Pebblebrook completes $10M sale of 174-room Hotel Zags in Portland; asset had TTM net operating loss of $0.8M
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- Sold The Hotel Zags, a 174-room hotel in Portland, Oregon, to a third party for $10.0 million; transaction closed October 8, 2026.
- For the trailing twelve months ended August 31, 2026, the hotel's estimated net operating loss was ($0.8) million and EBITDA was ($0.6) million, after an assumed 4.0% capital reserve.
- Proceeds to be used for general corporate purposes, including opportunistic repurchases of Pebblebrook common or preferred shares and other capital allocation priorities.
- Sale is not expected to affect the third quarter 2026 Outlook issued July 29, 2026; the company will reflect it in its fourth quarter and updated full-year 2026 Outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409826000066/0001474098-26-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409826000066/peb-20261008.htm
  HTML page:      https://secwatch.observer/filing/0001474098-26-000066

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