Pebblebrook Hotel Trust (NYSE:PEB) acquired the Embassy Suites San Diego Bay – Downtown for approximately $110 million on January 29, 2013. As a part of this transaction, Pebblebrook is assuming a $66.8 million secured, non-recourse loan, with the balance of the purchase price being funded by Pebblebrook with available cash. The property will be managed by HEI Hotels and Resorts.

Pebblebrook Hotel Trust (NYSE:PEB) completed the acquisition of the Embassy Suites San Diego Bay – Downtown on January 29, 2013.