Pebblebrook joint venture executes loan

Pebblebrook Hotel Trust, of Bethesda, a lodging real estate investment trust, announced that its joint venture with New York-based Denihan Hospitality Group, which owns six upscale boutique hotels in Manhattan, executed a new, $50 million non-recourse, secured loan with PNC Bank N.A., at a fixed annual interest rate of 3.14 percent.

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