Pebblebrook to acquire rival hotel REIT company LaSalle for $5.2bn
Pebblebrook acquisition of LaSalle : Pebblebrook Hotel Trust has agreed to acquire 100% of rival Maryland-based hotel real estate investment trust (REIT) company LaSalle Hotel Properties in a deal worth $5.2 billion. Pebblebrook acquisition of LaSalle will create an enlarged hotel REIT that is expected to become the largest owner of independent hotels and the […]