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Hotel Palomar LA-Westwood Sold for $78.7M

Behringer Harvard Trades 264 Room Hopsitality Bldg
By Justin Sumner
CoStar News
November 26, 2014 | 3:57 P.M.

Pebblebrook Hotel Trust (NYSE: PEB) has closed on its $78.7 million acquisition of the Hotel Palomar Los Angeles - Westwood. Behringer Harvard sold the 264-room property at 10740 Wilshire Blvd. in Los Angeles, CA for $298,000 per door.

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News | Hotel Palomar LA-Westwood Sold for $78.7M