There is no asking price for the Westin Michigan Avenue, which Pebblebrook acquired in 2018 as part of its $715 million acquisition of LaSalle Hotel Properties. In its most recent annual report ...

The sale price at less than $83,000 per room is well below what the hotel was worth when the seller, a venture of Yonkers, N.Y.-based AVR Realty, acquired it as part of a 2018 portfolio deal ...