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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 · 2 events

Graph events

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

Public filingHost boughtFeb 16, 2017

The Don CeSar — Host Hotels acquisition

The Don CeSar · 347 keys · Luxury

Consideration

$214.0M

$617k / key

Host 10-K: 347-room Don CeSar including the adjacent Beach House Suites. Not a rooms-only 277-key box.

Host Hotels & Resorts Form 10-K for the year ended Dec 31, 2017

On February 16, 2017 Host acquired the Don CeSar, including Beach House Suites, for $214 million. Filing-grade. Pink Palace resort — not a limited-service Gulf Coast box. Later deeds may differ; this tape is the 2017 10-K number.

Open the tape →FramePacketEstimateTampa / St. PeteCompare