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Image Credit Montrose at Beverly Hills
Pebblebrook Hotel Trust has completed the sale of the Montrose at Beverly Hills hotel in West Hollywood, California, for $44.25 million.
Pebblebrook Hotel Trust announced the completion of the sale of the Montrose at Beverly Hills, a 133-room hotel located in West Hollywood, California. The transaction, finalized on November 19, 2025, involved a third-party buyer and was valued at $44.25 million.
The sale price reflects an earnings before interest, taxes, depreciation, and amortization (EBITDA) multiple of 16.1x, based on the hotel’s financial performance for the trailing twelve months ending September 30, 2025. Additionally, the net operating income (NOI) capitalization rate for the sale was calculated at 5.2%, assuming a 4.0% capital reserve.
Pebblebrook Hotel Trust plans to allocate the proceeds from the sale towards general corporate purposes. These include reducing outstanding debt, repurchasing common or preferred shares, and supporting other capital allocation priorities to enhance long-term shareholder value.
The company stated that this transaction is not expected to impact its current fourth-quarter or full-year 2025 financial outlook, which was previously issued on November 5, 2025.
In related developments, Pebblebrook Hotel Trust has another hotel under contract for sale at $72.0 million. This transaction is anticipated to close during the fourth quarter, subject to customary closing conditions. However, there is no assurance that the sale will be completed on the expected terms or timeline.
