Hotels only · No pay-to-rank · Advice first; verified when attested
Two tapes · no invented prices
Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.
May 7, 2012
Bulfinch Hotel · Boston · 80 keys · Independent / boutique
$18.2M
$227,500 / key
Hersha 8-K: $18.2 million for the 80-room Bulfinch Hotel in Boston. Boston independent — not an Envoy PPK and not a suburban Hawthorn PPK.
Hersha Hospitality Trust Form 8-K, May 11, 2012 (May 7, 2012 close)
Historical cited · 2012 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
May 7, 2012
Bulfinch Hotel · Boston · 80 keys · Independent / boutique
$18.2M
$227,500 / key
Hersha 8-K: $18.2 million for the 80-room Bulfinch Hotel in Boston. Boston independent — not an Envoy PPK and not a suburban Hawthorn PPK.
Hersha Hospitality Trust Form 8-K, May 11, 2012 (May 7, 2012 close)
Historical cited · 2012 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Estimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
$227,500 / key · 80 keys
$310,404 / key · Harbor defaults
Boston · worksheet vs tape PPK
Hersha 8-K: $18.2 million for the 80-room Bulfinch Hotel in Boston. Boston independent — not an Envoy PPK and not a suburban Hawthorn PPK.
Hersha Hospitality Trust Form 8-K, May 11, 2012 (May 7, 2012 close)
Historical cited · 2012 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Estimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
$227,500 / key · 80 keys
$310,404 / key · Harbor defaults
Boston · worksheet vs tape PPK
Hersha 8-K: $18.2 million for the 80-room Bulfinch Hotel in Boston. Boston independent — not an Envoy PPK and not a suburban Hawthorn PPK.
Hersha Hospitality Trust Form 8-K, May 11, 2012 (May 7, 2012 close)
Historical cited · 2012 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.