US-based real estate investment trust Pebblebrook Hotel Trust has finalised the sale of the Montrose at Beverly Hills, a 133-room property located in West Hollywood, California for $44.25m. The transaction with an undisclosed third party closed on 19 November 2025. The agreed sale price, measured against the hotel’s financial performance over the 12 months ending 30 September, reflects earnings before interest, taxes, depreciation, and amortisation (EBITDA) multiple of 16.1 and a net operating income cap ...