Generally, we may not redeem the Series G Preferred Shares until November 17, 2011. On or after November 17, 2011, we may, at our option, redeem the Series G Preferred Shares, in whole or in part, by paying $25.00 per share, plus any accrued and unpaid distributions to and including the date of redemption. Under limited circumstances, we are required to pay a distribution rate on the Series G Preferred Shares of 8.25% of the liquidation preference per annum. In that event, we may redeem the Series G Preferred Shares, whether before or after November 17, 2011. The Series G Preferred Shares have no maturity date and will remain outstanding indefinitely unless redeemed.
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Pebblebrook Hotel Trust is a real estate investment trust. Co. acquires and invests in hotel properties located primarily in main U.S. cities. Co.'s hotel properties are located in Boston, MA; Chicago, IL; Hollywood, FL; Jekyll Island, GA; Key West, FL; Miami, FL; Los Angeles, CA; Naples, FL; Philadelphia, PA; Portland, OR; San Diego, CA; San Francisco, CA; Santa Cruz, CA; Seattle, WA; Stevenson, WA; and Washington, D.C. In addition, Co. also targets investments in resort properties located near its primary urban target markets and select destination resort markets such as southern Florida and southern California. Co. focuses on both branded and independent full-service hotels. Preferreds: LHO.PRG, LHO.PRH, PEB.PRA, PEB.PRB, PEB.PRE, PEB.PRC, PEB.PRF, PEB.PRF, PEB.PRD, PEB.PRG, PEB.PRH Open the PEB Information Page » |
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