Hotels only · No pay-to-rank · Advice first; verified when attested
Two tapes · no invented prices · Courtyard Sunnyvale
Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.
Jun 4, 2026
Hyatt Place Fremont / Silicon Valley · Silicon Valley / East Bay · 151 keys · Upscale
$13.2M
$87,417 / key
RLJ 10-Q: $13.2 million for the 151-room Hyatt Place Fremont Silicon Valley. East Bay select-service — not a Union Square palace PPK.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2026
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Oct 20, 2016
Courtyard Sunnyvale · Silicon Valley / East Bay · 145 keys · Upscale
$75.0M
$517,241 / key
Hersha Exhibit 99.1 subsequent events: $75.0 million for the 145-room Courtyard by Marriott in Sunnyvale, CA. South Bay Courtyard — not a Union Square palace PPK.
Hersha Hospitality Trust Exhibit 99.1, October 25, 2016 (October 20, 2016 close)
Historical cited · 2016 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Different houses. Do not average PPK across markets or structures.
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.
$87,417 / key · 151 keys
$209,478 / key · Harbor defaults
Silicon Valley / East Bay · worksheet vs tape PPK
RLJ 10-Q: $13.2 million for the 151-room Hyatt Place Fremont Silicon Valley. East Bay select-service — not a Union Square palace PPK.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2026
Morning blotter · 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.
$517,241 / key · 145 keys
$261,120 / key · Harbor defaults
Silicon Valley / East Bay · worksheet vs tape PPK
Hersha Exhibit 99.1 subsequent events: $75.0 million for the 145-room Courtyard by Marriott in Sunnyvale, CA. South Bay Courtyard — not a Union Square palace PPK.
Hersha Hospitality Trust Exhibit 99.1, October 25, 2016 (October 20, 2016 close)
Historical cited · 2016 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.