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Harborby Signalry

Dallas, TX / global

CBRE Hotels

CBRE’s hotels practice is one of the largest public hotel investment-sales and advisory platforms. PKF hospitality research now sits inside the CBRE family — Harbor does not reproduce PKF or HVS proprietary tables.

Global hotels investment sales, debt, and advisory

https://www.cbre.com/industries/hotels

Firm page is public. Individual deal credit is used only when a press release names the desk.

Hire process · Directory hire

Desks
1
Graph events
32
Cited prices
22
Unknown on purpose
10

Desks

Hire · not a brochure

Process before the compliment

Match the desk to the species of hotel. A trophy and a Hampton do not share a banker. Harbor will not invent a producer, a cell, or a league table. This folio is process help, not a cold list.

I · Source

Attach from a public page

A desk appears when a press release, 8-K, or firm page names the house. Harbor will not invent a producer to fill a row.

II · Practice desk

Firm when the roster is not ours

CBRE Hotels Americas and HWE Atlanta stand in when Harbor will not publish a private cell. Deal credit still needs a source.

III · Finding

A quiet year is a finding

Years with no attached tape stay blank. That is not a void to fill with a league table.

IV · Comps

Name the comparable set first

Segment, keys, region, affiliation. If they cannot say which tapes have public prices, they are selling atmosphere.

V · Conflict

Ask the conflict sentence

Who else do they represent on this asset or this buyer? Undisclosed dual agency is how you pay twice.

VI · Engagement

Read it as a contract

Tail, protection list, co-broker, marketing spend, and whether they can be the buyer. A handshake is not a hire.

Deal Frame · Living packet · Open the choose-broker job · Sell-side playbook · Compare two tapes · Morning blotter · Directory hire

Public tape · 3 events

Graph events

Press-released assignments only. Linked houses open a labeled estimate — not an appraisal.

News / press releasePark soldDec 4, 2024

DoubleTree Spokane City Center — consolidated JV sale

DoubleTree by Hilton Spokane City Center · 375 keys · Upper upscale

Consideration

$35.0M

$93k / key

Park IR: $35 million gross for the 375-room hotel. Hotel consideration — not Park’s net after the $13.5 million mortgage. Inland Northwest, not Seattle.

Park Hotels & Resorts IR / Nasdaq, December 2024 (closed December 4)

On December 4, 2024 the consolidated joint venture that owned the 375-room DoubleTree Hotel Spokane City Center sold the hotel for $35 million gross, or about $93,000 per key. Park said proceeds first repay a $13.5 million mortgage, with Park’s pro-rata share of remaining net proceeds for general corporate purposes. Harbor records the $35 million hotel price and will not invent Park’s net. Spokane Journal / Washington tax records name Spokane Hotel LLC (JMA Ventures). Not a Seattle waterfront PPK.

Open the tape →FramePacketEstimateSpokaneCompare

News / press releaseMay 8, 2024

Arizona Biltmore — Blackstone to Henderson Park

Arizona Biltmore · 705 keys · Luxury

Consideration

$705.0M

$1.0M / key

Consideration as reported in trade press and CoStar’s May 2024 deed/affidavit read. Confirm the Maricopa affidavit. Not an HVS survey number.

The Real Deal / CoStar, Jan–May 2024 (announced Jan 23; deed read May 8)

Henderson Park and Pyramid Global Hospitality acquired the 705-key Arizona Biltmore from Blackstone’s BRE Hotels. $705 million is news-level (Bloomberg first cited unnamed sources; CoStar later cited a May 8 deed). Resort plus golf-adjacent campus — not a downtown Phoenix select-service tape.

Open the tape →FramePacketEstimatePhoenix / ScottsdaleCompare

Public filingHost boughtMay 1, 2024

1 Hotel Nashville + Embassy Suites Nashville Downtown — Host acquisition

Nashville · 721 keys · Luxury

Consideration

$530.0M

$735k / key

Host 2024 10-K: $530 million for the 215-room 1 Hotel Nashville and 506-room Embassy Suites by Hilton Nashville Downtown. Portfolio tape. Harbor does not split the two houses.

Host Hotels & Resorts Form 10-K for the year ended Dec 31, 2024

April/May 2024 close. Two-hotel downtown complex, 721 keys combined. Do not use the blended $735k/key as a single-house 1 Hotel or Embassy Suites comp. See Host’s May 1, 2024 IR.

Open the tape →NashvilleCompare