Honigman Represents Pebblebrook Hotel Trust in $1.75 Billion Financing Deal
Honigman represented Pebblebrook Hotel Trust (NYSE:PEB) in a $1.75 billion term loan to fund its pending merger with LaSalle Hotel Properties. The merger is targeted for November 30, 2018, subject to shareholder approval.
Honigman’s deal team for this term loan included partner Karen Pifer, lead attorney, and associate Bryan Coe.
Pebblebrook Hotel Trust is a publicly traded real estate investment trust that acquires and invests primarily in upper-upscale, full-service hotels in urban markets in major gateway cities throughout the U.S.
In recent years, Honigman has handled approximately $6.4 billion in hotel transactions, including purchases, sales, financings, management agreements, leasing and construction transactions for hospitality facility owners, operators and investors.