public_filing
The Marker San Francisco — Pebblebrook disposition
$77,000,000 · $370,192/key
Pebblebrook closed the 208-room The Marker San Francisco on June 28, 2022 for $77.0 million to a third party. Harbor PPK is $77.0 million ÷ 208. Pebblebrook’s 10.0x / 8.8% 2019 lines and the $25.0 million planned renovation 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 Hotel Spero $71.0 million, not Hotel Zoe Fisherman’s Wharf $68.5 million (2023), and not Sunstone’s $279 million Embarcadero Hyatt Regency. Older than the 2025–26 blotter cut.
Pebblebrook Hotel Trust Form 8-K, June 28, 2022 (press dated June 28)