BETHESDA, Md.--(BUSINESS WIRE)--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it has acquired the Sofitel Philadelphia Hotel for $87.0 million. The 306-room, upper-upscale, full-service, Center City hotel features over 15,000 square feet of meeting space in a historic building that once housed the Philadelphia Stock Exchange. The property will continue to be managed by Sofitel (Accor SA). The transaction includes the assumption of a $56.1 million secured loan, with the remaining proceeds funded by the Company with available cash.
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Showing posts with label sofitel. Show all posts
Showing posts with label sofitel. Show all posts
Friday, December 3, 2010
Saturday, October 23, 2010
Goldman selling 3 NYC hotels
Goldman Sachs Group Inc.'s real estate investment funds are marketing three hotels in New York City, according to sources who have been approached to purchase them.
The Whitehall Funds are trying to sell the Park Central New York Hotel, Doubletree Metropolitan Hotel and the Sofitel New York.
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The Whitehall Funds are trying to sell the Park Central New York Hotel, Doubletree Metropolitan Hotel and the Sofitel New York.
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