Aug 1, 2004
The Plaza Hotel — sale to El-Ad
The Plaza Hotel · New York · 808 keys · Luxury
$675.0M
$835,396 / key
News or press — not a filing. Harbor will not invent a confidential consideration.
Two tapes · no invented prices · The Plaza Hotel
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.
Aug 2, 2022
Sofitel Philadelphia at Rittenhouse Square — Pebblebrook disposition
Sofitel Philadelphia at Rittenhouse Square · Philadelphia · 306 keys · Luxury
$80.0M
$261,438 / key
Pebblebrook 8-K: $80.0 million for the 306-room Sofitel Philadelphia at Rittenhouse Square. Center City luxury — not a slice of the Q3 2022 proceeds line.
Pebblebrook Hotel Trust Form 8-K, August 2, 2022 (press dated August 3)
Historical cited · 2022 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
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
- $675.0M
- Worksheet
- $539.9M
- Gap
- +129%
$835,396 / key · 808 keys
$1,914,671 / key · Harbor defaults
New York · worksheet vs tape PPK
News or press — not a filing. Harbor will not invent a confidential consideration.
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
- $80.0M
- Worksheet
- $100.9M
- Gap
- +26%
$261,438 / key · 306 keys
$329,788 / key · Harbor defaults
Philadelphia · worksheet vs tape PPK
Pebblebrook 8-K: $80.0 million for the 306-room Sofitel Philadelphia at Rittenhouse Square. Center City luxury — not a slice of the Q3 2022 proceeds line.
Pebblebrook Hotel Trust Form 8-K, August 2, 2022 (press dated August 3)
Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.