Melody and Pebblebrook partner on rooftop wireless investment
Alternative asset manager Melody Investment Advisors LP and Pebblebrook Hotel Trust have partnered in order to install communications infrastructure on the rooftops of hotels and resorts.
Pebblebrook Hotel Trust, a publicly traded REIT and the largest owner of resort lifestyle hotels in the U.S. received an investment from Melody of cell site installations with regards to 14 rooftop wireless assets at 11 of Pebblebrook’s hotels and resorts.
In addition to the undisclosed sum of investment, Melody and Pebblebrook have also set up a strategic marketing and revenue sharing agreement covering the same 11 . . .
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