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Harborby Signalry

Two tapes · no invented prices · Hyatt Place Dallas (Plano)

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.

Feb 1, 2024

Hyatt Place Dallas (Plano) — Summit / GIC disposition

Hyatt Place Dallas (Plano) · Dallas–Fort Worth · 127 keys · Upscale

$10.3M

$81,102 / key

Summit 10-K: $10.3 million for the 127-guestroom Hyatt Place Dallas (Plano). February 2024; day-of-month not named. North Dallas select-service — not an Uptown PPK.

Public filingHistorical cited · 2024Issuer filing127 keys

Summit Hotel Properties Form 10-K for the year ended Dec 31, 2025 (February 2024 close; day unnamed)

Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameWorksheetMarketSwap 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.

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 tapeDeal FrameWorksheetMarketSwap sides

Different houses. Do not average PPK across markets or structures.

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
$10.3M

$81,102 / key · 127 keys

Worksheet
$20.7M

$163,102 / key · Harbor defaults

Gap
+101%

Dallas–Fort Worth · worksheet vs tape PPK

Summit 10-K: $10.3 million for the 127-guestroom Hyatt Place Dallas (Plano). February 2024; day-of-month not named. North Dallas select-service — not an Uptown PPK.

Public filingHistorical cited · 2024Issuer filing127 keys

Summit Hotel Properties Form 10-K for the year ended Dec 31, 2025 (February 2024 close; day unnamed)

Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

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
$279.0M

$339,829 / key · 821 keys

Worksheet
$368.1M

$448,361 / key · Harbor defaults

Gap
+32%

San Francisco · worksheet vs tape PPK

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.

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 tapeDeal FrameShock the worksheetCompare tapes