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Harborby Signalry

Eastdil Secured · Practice desk

Eastdil Secured — trophy / lodging

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

Graph events
18
Cited prices
14
Unknown on purpose
4

Deal timeline · 2 graph events

What the public record allows

Harbor attaches a desk when a press release or public pattern names the firm — not an unpublished book.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.

Public filingHost boughtJul 31, 2024

Turtle Bay / Ritz-Carlton Oʻahu — Host Hotels acquisition

The Ritz-Carlton Oʻahu, Turtle Bay · 450 keys · Luxury

Consideration

$680.0M

$1.5M / key

Host 2024 10-K: $680 million for the 450-room Turtle Bay Resort plus a 49-acre entitled land parcel, net of Marriott key money. Not a rooms-only PPK.

Host Hotels & Resorts Form 10-K for the year ended Dec 31, 2024

Closed July 2024. $680 million is net of $45 million Marriott key money for the Ritz-Carlton conversion. Host’s May 2024 agreement also expected a $630 / $50 million hotel-versus-land allocation, subject to final appraisal — Harbor records the $680 million combined figure, not an invented rooms-only deed. North Shore Oahu resort, not a Waikiki box.

Open the tape →FramePacketEstimateHonolulu / WaikikiCompare

News / press releaseMay 8, 2024

Arizona Biltmore — Blackstone to Henderson Park

Arizona Biltmore · 705 keys · Luxury

Consideration

$705.0M

$1.0M / key

Consideration as reported in trade press and CoStar’s May 2024 deed/affidavit read. Confirm the Maricopa affidavit. Not an HVS survey number.

The Real Deal / CoStar, Jan–May 2024 (announced Jan 23; deed read May 8)

Henderson Park and Pyramid Global Hospitality acquired the 705-key Arizona Biltmore from Blackstone’s BRE Hotels. $705 million is news-level (Bloomberg first cited unnamed sources; CoStar later cited a May 8 deed). Resort plus golf-adjacent campus — not a downtown Phoenix select-service tape.

Open the tape →FramePacketEstimatePhoenix / ScottsdaleCompare

Hire · not a brochure

Process before the compliment

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

Attach from a public page

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

Firm when the roster is not ours

CBRE Hotels Americas and HWE Atlanta stand in when Harbor will not publish a private cell. Deal credit still needs a source.

III · Finding

A quiet year is a finding

Years with no attached tape stay blank. That is not a void to fill with a league table.

IV · Comps

Name the comparable set first

Segment, keys, region, affiliation. If they cannot say which tapes have public prices, they are selling atmosphere.

V · Conflict

Ask the conflict sentence

Who else do they represent on this asset or this buyer? Undisclosed dual agency is how you pay twice.

VI · Engagement

Read it as a contract

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