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.
Aug 25, 2022
Hotel Spero · San Francisco · 236 keys · Upscale
$71.0M
$300,847 / key
Pebblebrook 8-K: $71.0 million for the 236-room Hotel Spero. Union Square boutique — not a Marker PPK and not a Zoe Wharf PPK.
Pebblebrook Hotel Trust Form 8-K, August 25, 2022 (press dated August 26)
Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Aug 25, 2022
Hotel Spero · San Francisco · 236 keys · Upscale
$71.0M
$300,847 / key
Pebblebrook 8-K: $71.0 million for the 236-room Hotel Spero. Union Square boutique — not a Marker PPK and not a Zoe Wharf PPK.
Pebblebrook Hotel Trust Form 8-K, August 25, 2022 (press dated August 26)
Historical cited · 2022 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.
$300,847 / key · 236 keys
$278,233 / key · Harbor defaults
San Francisco · worksheet vs tape PPK
Pebblebrook 8-K: $71.0 million for the 236-room Hotel Spero. Union Square boutique — not a Marker PPK and not a Zoe Wharf PPK.
Pebblebrook Hotel Trust Form 8-K, August 25, 2022 (press dated August 26)
Historical cited · 2022 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.
$300,847 / key · 236 keys
$278,233 / key · Harbor defaults
San Francisco · worksheet vs tape PPK
Pebblebrook 8-K: $71.0 million for the 236-room Hotel Spero. Union Square boutique — not a Marker PPK and not a Zoe Wharf PPK.
Pebblebrook Hotel Trust Form 8-K, August 25, 2022 (press dated August 26)
Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.