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Hold (2.06 out of 4)
2nd percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Monday, March 27, 11:54 AM
Slide #529. Pebblebrook Hotel Trust — Preferred Stock Offering
| Company: |
Pebblebrook Hotel Trust (NYSE:PEB) |
| Date announced: |
3/12/2013 |
| Shares Offered: |
3,600,000 |
| Price Per Share: |
$25 |
| Preferred Stock Offering Details: |
Pebblebrook Hotel Trust (NYSE:PEB) (the "Company") announced that it has priced an underwritten public offering of 3,600,000 shares of its 6.50% Series C Cumulative Redeemable Preferred Shares at a public offering price of $25.00 per share, for net proceeds of approximately $87.0 million, after deducting the underwriting discount and other estimated offering costs. |
Pebblebrook Hotel Trust is a real estate investment trust. Co. acquires and invests in hotel properties located primarily in main U.S. cities. Co.'s hotel properties are located in Boston, MA; Chicago, IL; Hollywood, FL; Jekyll Island, GA; Key West, FL; Miami, FL; Los Angeles, CA; Naples, FL; Philadelphia, PA; Portland, OR; San Diego, CA; San Francisco, CA; Santa Cruz, CA; Seattle, WA; Stevenson, WA; and Washington, D.C. In addition, Co. also targets investments in resort properties located near its primary urban target markets and select destination resort markets such as southern Florida and southern California. Co. focuses on both branded and independent full-service hotels. Preferreds: PEB.PRB, PEB.PRA, PEB.PRC, PEB.PRD
 Open the PEB Page at Preferred Stock Channel »
| Name: |
Pebblebrook Hotel Trust |
| Website: |
www.pebblebrookhotels.com |
| Sector: |
REITs |
| Number of ETFs Holding PEB: |
41 (see which ones) |
| Total Market Value Held by ETFs: |
$310,509,717.27 |
| Total Market Capitalization: |
$1,609,000,000 |
| % of Market Cap. Held by ETFs: |
19.30% |
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Open the PEB Page at Preferred Stock Channel (in a new window) »
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