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Pebblebrook Hotel Trust sells Westin Michigan Avenue Chicago for $72mln.
ByAinvest
Thursday, Dec 4, 2025 4:39 pm ET1min read
• Pebblebrook Hotel Trust completes $72.0M sale of Westin Michigan Avenue Chicago. • Hotel generated $4.6M in EBITDA, $2.5M in NOI over 12 months. • Sales price equates to 15.6x EBITDA. • Westin Michigan Avenue Chicago sold to third-party buyer.
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