Two tapes · no invented prices

Next to each other. Not blended.

Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.

Next to each other. Not blended. A missing price stays a question.

Tape ATape B

Dec 31, 2025

Westin Cincinnati + Washington Marriott Metro Center — Host disposition

Unlinked house · Other U.S. markets · 910 keys · Upper upscale

$237.0M

$260,440 / key

Host FY2025 results: $237 million for The Westin Cincinnati and Washington Marriott at Metro Center in separate transactions. Harbor does not split the pair. Host provided $114 million seller financing on Metro Center only — that is not the hotel price.

Public filingHost sold · 2025910 keys

Host Hotels & Resorts FY2025 results (sold during 2025; Harbor does not invent a close day)

Historical cited · 2025 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tape Market Swap sides

Jul 30, 2026

Hyatt Regency San Francisco — Sunstone disposition

Hyatt Regency San Francisco · San Francisco · 821 keys · Upper upscale

$279.0M

$339,829 / key

Sunstone Exhibit 99.1: $279 million gross for the 821-room Hyatt Regency San Francisco. Embarcadero convention atrium — not a Nob Hill palace PPK and not the $80 million Wharf Centric.

Public filingMorning blotter · 2025–26 Sunstone sold821 keys

Sunstone Hotel Investors Exhibit 99.1, August 6, 2026 (closed July 30)

Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tape Deal Frame Worksheet Market Swap sides

Estimate ↔ tape

The worksheet next to the filing

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.

Tape: $237.0M
Worksheet: Pick a house
Gap: —