Detroit-based law firm Honigman Miller Schwartz and Cohn LLP represented Pebblebrook Hotel Trust in its acquisition of the Revere Hotel Boston Common, in what is one of the single largest hotel asset purchases in the United States this year.
Valued at $260.4 million, the deal, which includes the hotel along with an attached 826-space parking garage and an adjacent land parcel, is one of four acquisitions Honigman has completed for Pebblebrook within the last five weeks. The 356-room hotel is located in the heart of the historic Theater District of downtown Boston.
Earlier this month, led by Honigman, Pebblebrook also purchased the 125-room, historic landmark Union Station Hotel, Autograph Collection in Nashville, Tenn., for $52.3 million. That deal followed Pebblebrook’s $78.7 million acquisition of a 264-room hotel in Los Angeles last month and its purchase of the 157-room Westin Colonnade Hotel in Miami for $59.4 million, both also guided by Honigman.
Pebblebrook was represented by Honigman attorneys J. Adam Rothstein and Karen Pifer.
