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September 12, 2018  

Pebblebrook to Flip LaSalle Hotels in NY, SF

Pebblebrook Hotel has agreed to flip two hotels in New York and one in San Francisco in conjunction with its pending $5.2 billion takeover of LaSalle Hotel Properties.Last week’s announcement of the buyout indicated Pebblebrook had found a buyer for three of LaSalle’s hotels, without providing any details. Sources identified them as the 761-room Park Central Hotel in Manhattan, the adjoining 172-room WestHouse Hotel and the 681-room...

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