Pebblebrook Hotel Trust, a newly formed REIT planning to acquire upper upscale hotels in large US cities, will see its quiet period end next Sunday, Jan. 17. On Dec. 8, 2009, the company raised $350 million by offering 17.5 million shares at $20. BofA Merrill...read more
Eight deals were originally slated to begin trading this week in what would have been, if all had priced, the busiest IPO week of the year. However, only four of the eight ultimately made it to market, reflecting subdued deal demand and investors' lingering...read more
Pebblebrook Hotel Trust, a newly formed REIT planning to acquire upper upscale hotels in large US cities, raised its expected $350 million by offering 17.5 million shares at $20 on Tuesday evening. The IPO pricing came the same evening as another newly formed...read more
Pebblebrook Hotel Trust, a newly organized hotel investment company that intends to invest in properties located in large US coastal cities, announced terms for its upcoming IPO this morning. The Bethesda, MD-based company plans to raise $350 million by...read more
Pebblebrook Hotel quiet period ends January 17
Pebblebrook Hotel Trust, a newly formed REIT planning to acquire upper upscale hotels in large US cities, will see its quiet period end next Sunday, Jan. 17. On Dec. 8, 2009, the company raised $350 million by offering 17.5 million shares at $20. BofA Merrill...read more
Four of eight planned IPOs this week complete deals
Eight deals were originally slated to begin trading this week in what would have been, if all had priced, the busiest IPO week of the year. However, only four of the eight ultimately made it to market, reflecting subdued deal demand and investors' lingering...read more
Hotel REIT Pebblebrook raises $350 million in IPO
Pebblebrook Hotel Trust, a newly formed REIT planning to acquire upper upscale hotels in large US cities, raised its expected $350 million by offering 17.5 million shares at $20 on Tuesday evening. The IPO pricing came the same evening as another newly formed...read more
Pebblebrook Hotel Trust announces IPO terms and timing
Pebblebrook Hotel Trust, a newly organized hotel investment company that intends to invest in properties located in large US coastal cities, announced terms for its upcoming IPO this morning. The Bethesda, MD-based company plans to raise $350 million by...read more