7/6/2010

Bethesda, Md.-based REIT Pebblebrook Hotel Trust has acquired another hotel, the InterContinental Buckhead Hotel in Atlanta for $105 million. The REIT has been on a buying spree since its $400 million initial public offering in December, signing agreements to purchase five hotels, including the Sir Francis Drake Hotel in San Francisco and the Doubletree in Bethesda, Md.

Full Story:
GlobeSt.com

Related Summaries