The transaction reflects an approximate 6.4% capitalization rate based on the estimated net operating income for the year ending December
Davidson with Pebblebrook will oversee comprehensive repositioning and rebranding of iconic New England Resort on Goat Island.
The property is the brand's seventh location globally.
Acquired as the former Prescott Hotel in early 2015 by Pebblebrook Hotel Trust, the property is managed by Viceroy Hotel
Cutting-Edge "Z" Hotels showcase spirit of play.
The hotels bring the Noble House Hotels & Resorts (NHHR) hospitality portfolio to 18 properties.
The loan has a term of seven years and is secured by a first mortgage on the company’s 450-room Westin