Hotels only · No pay-to-rank · Advice first; verified when attested
Two tapes · no invented prices · Andaz Maui at Wailea Resort
Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.
Nov 1, 2018
Grand Wailea, A Waldorf Astoria Resort · Maui · 776 keys · Luxury
$610.0M
$786,082 / key
Consideration as reported in contemporaneous trade press. Confirm against the buyer/seller release.
Trade press, late 2018 (BREIT disposition / Blackstone–Highgate)
News or press — not a filing. Harbor will not invent a confidential consideration.
Nov 1, 2018
Grand Wailea, A Waldorf Astoria Resort · Maui · 776 keys · Luxury
$610.0M
$786,082 / key
Consideration as reported in contemporaneous trade press. Confirm against the buyer/seller release.
Trade press, late 2018 (BREIT disposition / Blackstone–Highgate)
News or press — not a filing. Harbor will not invent a confidential consideration.
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.
$786,082 / key · 776 keys
$1,653,169 / key · Harbor defaults
Maui · worksheet vs tape PPK
Consideration as reported in contemporaneous trade press. Confirm against the buyer/seller release.
Trade press, late 2018 (BREIT disposition / Blackstone–Highgate)
News or press — not a filing. Harbor will not invent a confidential consideration.
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.
$786,082 / key · 776 keys
$1,653,169 / key · Harbor defaults
Maui · worksheet vs tape PPK
Consideration as reported in contemporaneous trade press. Confirm against the buyer/seller release.
Trade press, late 2018 (BREIT disposition / Blackstone–Highgate)
News or press — not a filing. Harbor will not invent a confidential consideration.