Hotels only · No pay-to-rank · Advice first; verified when attested
Eastdil Secured · Practice desk
Investment banking
Large-cap real estate investment bank. Hotel work is typically trophy or portfolio, named in the financial press when it is public.
Public source · Firm page · Hire process
Deal timeline · 2 graph events
Harbor attaches a desk when a press release or public pattern names the firm — not an unpublished book. Missing prices stay missing. Linked houses open a labeled estimate.
Bellagio · 3933 keys · Luxury
Consideration
$4.25B
$1.1M / key
Sale-leaseback of real estate. MGM continued to operate under a long lease.
MGM Resorts announcement, 2019
MGM sold Bellagio real estate to Blackstone Real Estate and GIC and leased it back. This is a financing/real-estate structure, not a conventional going-concern hotel sale. Cap-rate comparisons to a boutique independent will mislead.
The St. Regis New York · 238 keys · Luxury
Consideration
Not disclosed
Marriott public brand page / trade coverage of building ownership
St. Regis is a Marriott brand. The land and building have been separately owned. Harbor will not invent a building sale price from brand news.
Hire · not a brochure
Match the desk to the species of hotel. A trophy and a Hampton do not share a banker. Harbor will not invent a producer, a cell, or a league table. This folio is process help, not a cold list.
I · Source
A desk appears when a press release, 8-K, or firm page names the house. Harbor will not invent a producer to fill a row.
II · Practice desk
CBRE Hotels Americas and HWE Atlanta stand in when Harbor will not publish a private cell. Deal credit still needs a source.
III · Finding
Years with no attached tape stay blank. That is not a void to fill with a league table.
IV · Comps
Segment, keys, region, affiliation. If they cannot say which tapes have public prices, they are selling atmosphere.
V · Conflict
Who else do they represent on this asset or this buyer? Undisclosed dual agency is how you pay twice.
VI · Engagement
Tail, protection list, co-broker, marketing spend, and whether they can be the buyer. A handshake is not a hire.
Deal Frame · Living packet · Open the choose-broker job · Sell-side playbook · Compare two tapes · Morning blotter · Directory hire