Reported about 8 hours ago
Investing 501 presents a bullish thesis on Pebblebrook Hotel Trust (PEB), highlighting its substantial 40-55% discount to NAV while owning quality urban and resort hotels. Despite market challenges, PEB’s preferred securities offer investors strong yields of over 8% and stable dividend payments. The portfolio's strategic repositioning towards leisure-focused resorts has improved cash flow resilience, with significant cash reserves and manageable debt on their $750 million convertible notes, making PEB’s preferreds an attractive investment opportunity.
Source: YAHOO