public_filing
Onyx Hotel — Pebblebrook disposition
$58,300,000 · $520,536/key
Pebblebrook closed the 112-room Onyx Hotel in Boston on May 29, 2019 for $58.3 million to an unaffiliated third party. Harbor PPK is $58.3 million ÷ 112. Buyer unnamed. Pebblebrook’s 15.3x / 5.9% 2018 lines are Pebblebrook’s narrative, not a second hotel price. Not Host’s 2022 Sheraton Boston $233 million tape and not Sunstone’s 2023 Park Plaza $370 million tape. Older than the 2025–26 blotter cut.
Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, May 30, 2019 (closed May 29)