public_filing
Hotel Vintage Portland — Pebblebrook disposition
$32,900,000 · $281,197/key
Pebblebrook closed the 117-room Hotel Vintage Portland on September 14, 2022 for $32.9 million to a third party. Harbor PPK is $32.9 million ÷ 117. Pebblebrook’s 11.7x / 7.1% 2019 lines are Pebblebrook’s narrative, not a second hotel price. Buyer unnamed in Pebblebrook’s filing — Harbor will not invent a desk from trade press. Not The Heathman Hotel $45.0 million (2023) and not Hotel Vintage Seattle $33.7 million (2023). Harbor will not invent a split of Pebblebrook’s $183.9 million Q3 2022 proceeds line — each house already has its own named price. Older than the 2025–26 blotter cut.
Pebblebrook Hotel Trust Form 8-K, September 14, 2022 (press dated September 15)