Pebblebrook Hotel Trust (NYSE:PEB) (the “Company”) today announced that
it has closed its previously announced public follow-on offering of
3,680,000 of its common shares, including 480,000 common shares issued
pursuant to the full exercise of the underwriter’s option to purchase
additional common shares, for net proceeds of approximately $146.2
million, after deducting estimated offering-related expenses.
for Pebblebrook Hotel Trust Announces Exercise of Underwriter’s Option to Purchase Additional Shares and Subsequent Closing of Public Offering of Common Shares investment picks