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.
Jul 21, 2026
Kimpton RiverPlace Hotel · Portland · 85 keys · Upper upscale
$11.0M
$129,412 / key
Xenia 10-Q: $11.0 million for the 85-room Kimpton RiverPlace Hotel. Waterfront boutique — exclusive of significant near-term capex. Not a downtown independent PPK.
Xenia Hotels & Resorts Form 10-Q subsequent event (closed July 21, 2026)
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
May 4, 2026
Courtyard by Marriott New York Manhattan/Fifth Avenue · New York · 189 keys · Upscale
$33.0M
$174,603 / key
DiamondRock Exhibit 99.1: $33.0 million for the leasehold interest in the 189-room Courtyard Manhattan/Fifth Avenue. Ground lease — not a fee-simple Midtown PPK. Near-term capex is DiamondRock’s narrative.
DiamondRock Hospitality Company Exhibit 99.1, May 4, 2026
Morning blotter · 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.
$129,412 / key · 85 keys
$253,192 / key · Harbor defaults
Portland · worksheet vs tape PPK
Xenia 10-Q: $11.0 million for the 85-room Kimpton RiverPlace Hotel. Waterfront boutique — exclusive of significant near-term capex. Not a downtown independent PPK.
Xenia Hotels & Resorts Form 10-Q subsequent event (closed July 21, 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.
$174,603 / key · 189 keys
$394,585 / key · Harbor defaults
New York · worksheet vs tape PPK
DiamondRock Exhibit 99.1: $33.0 million for the leasehold interest in the 189-room Courtyard Manhattan/Fifth Avenue. Ground lease — not a fee-simple Midtown PPK. Near-term capex is DiamondRock’s narrative.
DiamondRock Hospitality Company Exhibit 99.1, May 4, 2026
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.