InVest Hotels Acquires Hotel On 5th Avenue In Seattle For $63.3M

The Hotel located at 1100 5th Avenue in Seattle, WA was sold on May 10, 2023. The property was acquired by InVest Hotels from Pebblebrook Hotel Trust for a sale price of $63,300,000. The Hotel comprises 189 keys, with a price per key of $334,921.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $63,300,000
• Address: 1100 5th Avenue, Seattle, WA
• Buyer: InVest Hotels
• Seller: Pebblebrook Hotel Trust
• Keys: 189
• Price Per Key: $334,921

InVest Hotels successfully acquired the hotel property at 1100 5th Avenue in Seattle, WA. The transaction was facilitated by Pebblebrook Hotel Trust, who represented the seller in the deal. This marks a significant milestone for both InVest Hotels and Pebblebrook Hotel Trust in the Seattle market.