Pebblebrook Closes $71MM Sale of Struggling Hotel Spero in San Francisco

(EDITOR’S NOTE: According to industry reports, the buyer is an entity associated with Memphis, Tenn.-based Fairwood Capital, a real estate investment firm focused exclusively on the acquisition and recapitalization of hospitality real estate and operating platforms. Pebblebrook has owned the hotel since August of 2013 when it paid $68,976,000 for the asset. In 2018, The Registry reported that the […]