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Harborby Signalry

West · gateway

Los Angeles

A collection of micro-markets. Westside luxury, downtown adaptive reuse, and coastal independents do not share a cap-rate conversation. Hersha’s 2016 Ambrose Hotel $47.5 million / 77 tape is a named Santa Monica boutique buy — not Park’s 2019 Ace Hotel Downtown Los Angeles $117.0 million / 182 tape, not Hersha’s 2011 Courtyard Westside $47.5 million / 260 tape, and not Sunstone’s 2019 Courtyard Los Angeles $50 million / 187 leasehold tape. Hersha’s Courtyard Westside is a named Los Angeles Courtyard buy — not that Ambrose, not Park’s Ace, and not Sunstone’s Courtyard. Park’s Ace is a named downtown adaptive-reuse single — not Sunstone’s Courtyard, not Sunstone’s 2016 Sheraton Cerritos $42.0 million / 203 leasehold tape, not Hilton Checkers, and not Park’s 2022 Hilton Garden Inn LAX/El Segundo $37.5 million / 162 tape. Sunstone’s Courtyard and Cerritos are named leaseholds — not fee downtown deeds. Filing names Los Angeles, Santa Monica, or Cerritos — Harbor will not invent a downtown, Venice, LAX, Long Beach, or Anaheim lock. A downtown Checkers is not a West Hollywood hillside PPK, and Pebblebrook’s 2019 Hotel Amarano Burbank $72.9 million tape is a 132-key Media District boutique — not a Sunset trophy. Apple’s 2015 SpringHill Suites Burbank $60.0 million / 170 and Courtyard Burbank $54.0 million / 190 tapes are named select-service singles — not that Amarano. Apple’s 2015 Hampton Inn Cypress $19.8 million / 110 tape lives on its own Orange County market.

Hotels
16
Graph events
17
Cited prices
13
Desks
8

Hotels

Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.

Los Angeles · Independent / boutique

Ace Hotel Downtown Los Angeles

182 keys · Los Angeles · Ace

United Artists adaptive reuse. Park sold the 182-key house in December 2019 for $117.0 million gross proceeds (Q2 2020 supplemental sold table). Buyer unnamed. Harbor uses the first of December rather than inventing a closing day. Not Sunstone’s 2019 Courtyard Los Angeles $50 million / 187 tape and not Hilton Checkers Los Angeles.

Los Angeles · Upper upscale

Hilton Checkers Los Angeles

193 keys · Los Angeles · Hilton Hotels & Resorts

Downtown Los Angeles Hilton. Park sold the 193-key house in January 2026 for approximately $13 million (Q1 2026 10-Q; keys from the same-quarter Exhibit 99.1). Day-of-month unnamed — Harbor uses the first of January. Buyer unnamed. Not a West Hollywood hillside PPK and not Park’s 2019 Ace Hotel Downtown Los Angeles $117.0 million / 182 tape. Do not subtract this from Park’s later $31 million Checkers + Seattle pair.

Los Angeles · Upscale

Hotel Amarano Burbank

132 keys · Burbank · Hotel Amarano

Burbank Media District boutique. Pebblebrook closed the 132-key house on July 16, 2019 for $72.9 million (8-K Exhibit 99.1). Buyer unnamed — Harbor will not invent a desk from trade press. Not a Sunset trophy and not Park’s 2025 Checkers $13 million downtown tape.

Los Angeles · Upscale

SpringHill Suites Burbank

170 keys · Burbank · SpringHill Suites

Burbank SpringHill. Apple bought the new 170-key house on July 13, 2015 for $60.0 million (2015 10-K table). Seller unnamed. Not the same-year Courtyard Burbank $54.0 million tape and not Pebblebrook’s 2019 Hotel Amarano Burbank $72.9 million boutique. The $254.8 million 2015 line is the sum of seven named 10-K prices.

Los Angeles · Upscale

Courtyard Burbank

190 keys · Burbank · Courtyard by Marriott

Burbank Courtyard. Apple bought the existing 190-key house on August 11, 2015 for $54.0 million (2015 10-K table). Seller unnamed. Not the same-year SpringHill Suites Burbank $60.0 million tape and not Hotel Amarano Burbank $72.9 million. The $254.8 million 2015 line is the sum of seven named 10-K prices.

Los Angeles · Upscale

Hilton Garden Inn LAX/El Segundo

162 keys · El Segundo · Hilton Garden Inn

El Segundo Garden Inn. Park sold the 162-key house in September 2022 for $37.5 million (Q3 2022 Exhibit 99.1). Buyer unnamed. Harbor uses the first of September rather than inventing a closing day. Use that hotel price, not Park’s $231,000/key rounding. Harbor will not invent a buyer from trade press. Not Hilton Checkers Los Angeles, not Summit’s Four Points San Francisco Airport $17.7 million / 101 tape, and not Hilton Garden Inn Chicago/Oakbrook Terrace $9.4 million / 128. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together.

Los Angeles · Upscale

Courtyard Los Angeles

187 keys · Los Angeles · Courtyard

Los Angeles Courtyard leasehold. Sunstone sold the leasehold interest in the 187-key house on October 23, 2019 for a $50 million gross sale price (Exhibit 99.1). Buyer unnamed. That is a leasehold number — not a fee downtown deed. Filing names Los Angeles — Harbor will not invent a downtown or LAX lock. Not Park’s 2019 Ace Hotel Downtown Los Angeles $117.0 million / 182 tape, not Park’s 2022 Hilton Garden Inn LAX/El Segundo $37.5 million / 162 tape, and not Hilton Checkers Los Angeles.

Los Angeles · Upper upscale

Sheraton Cerritos

203 keys · Cerritos · Sheraton

Cerritos Sheraton leasehold. Sunstone sold the leasehold interest in the 203-key house on May 11, 2016 for a $42.0 million contractual price (PR Newswire). Buyer unnamed. Use that hotel price, not the later $41.2 million net-proceeds line. Filing names Cerritos — Harbor will not invent a Long Beach or Anaheim lock.

Los Angeles · Independent / boutique

Ambrose Hotel

77 keys · Santa Monica · Ambrose Hotel

Santa Monica boutique. Hersha bought the 77-key house on December 1, 2016 for $47.5 million (February 22, 2017 Exhibit 99.1). Seller unnamed. Filing names Santa Monica — Harbor will not invent a Venice or Malibu lock. The October 2016 paper’s Ambrose line was a contract. Not Park’s 2019 Ace Hotel Downtown Los Angeles $117.0 million / 182 tape and not Hersha’s 2016 Courtyard Sunnyvale $75.0 million / 145 tape.

Los Angeles · Upscale

Courtyard Westside

260 keys · Los Angeles · Courtyard

Los Angeles Courtyard Westside. Hersha bought the 260-key house in May 2011 for $47.5 million (August 3, 2011 Exhibit 99.1). Harbor uses the first of May rather than inventing a closing day. Seller unnamed. Filing names Los Angeles — Harbor will not invent a Culver City, Marina, or LAX lock. Use the $47.5 million hotel price, not the May 5, 2011 contract $47.0 million and not the 10-Q $47.148 million allocation. Not Hersha’s 2016 Ambrose Hotel $47.5 million / 77 tape and not Sunstone’s 2019 Courtyard Los Angeles $50 million / 187 tape.

Desks covering this market

Public coverage lists, not a claimed book. Open a desk for the graph timeline.

Hilton & Hyland

Jeff Hyland

President

Public principal of Hilton & Hyland. Known from the firm’s own site and published luxury-residential work. Harbor records the public role only.

3 public graph events · 3 unknown

2021 · 2008 · 1996

Hilton & Hyland

Rick Hilton

Co-founder

Public co-founder of Hilton & Hyland. Hospitality-adjacent appearances are estate and trophy assignments, not a national hotel desk.

1 public graph events · 1 unknown

1996

Public tape · 17 events

Transactions

Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.

Morning blotterCompare a cited single

News / press releaseMay 27, 2026

Chamberlain West Hollywood — Pebblebrook disposition

Chamberlain West Hollywood Hotel · 115 keys · Upscale

Consideration

$43.5M

$378k / key

Pebblebrook IR: $43.5 million for the 115-room Chamberlain. Preferred-share takeout is Pebblebrook’s consideration mix — not a second hotel price.

Pebblebrook Hotel Trust IR, May 28, 2026 (closed May 27)

Pebblebrook closed the 115-room Chamberlain West Hollywood Hotel on May 27, 2026 for $43.5 million to a third party. Harbor PPK is $43.5 million ÷ 115. Pebblebrook accepted preferred shares as partial consideration and retired them at a discount — that is Pebblebrook’s capital story, not a second rooms-only deed. Buyer unnamed.

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Public filingPark soldJan 1, 2026

Hilton Checkers Los Angeles — Park disposition

Hilton Checkers Los Angeles · 193 keys · Upper upscale

Consideration

$13.0M

$67k / key

Park 10-Q: approximately $13 million gross for Hilton Checkers Los Angeles. Keys (193) from Park’s same-quarter Exhibit 99.1. Downtown box — not a West Hollywood hillside PPK.

Park Hotels & Resorts Form 10-Q, quarter ended March 31, 2026 (January close; day unnamed)

Park sold the Hilton Checkers Los Angeles in January 2026 for gross proceeds of approximately $13 million. Harbor uses the first of January rather than inventing a closing day. Harbor PPK is $13 million ÷ 193 from Park’s same-quarter earnings exhibit. Buyer unnamed. Not a West Hollywood tape. Park’s later “approximately $31 million” Checkers + Seattle line stays combined — Harbor will not subtract the Seattle $18 million IR figure to invent a second Checkers price. MarketScreener’s $12.5 million is not a Park filing.

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Public filingNov 19, 2025

Montrose at Beverly Hills — Pebblebrook disposition

Montrose at Beverly Hills · 133 keys · Upscale

Consideration

$44.3M

$333k / key

Pebblebrook 8-K: $44.25 million for the 133-room Montrose at Beverly Hills. West Hollywood lifestyle — not a Sunset trophy.

Pebblebrook Hotel Trust Form 8-K, November 19, 2025 (press dated November 20)

Pebblebrook closed the 133-room Montrose at Beverly Hills on November 19, 2025 for $44.25 million to a third party. Harbor PPK is $44.25 million ÷ 133. Buyer unnamed — Harbor will not invent one. West Hollywood lifestyle, not a Beverly Hills palace.

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Public filingPark soldSep 1, 2022

Hilton Garden Inn LAX/El Segundo — Park disposition

Hilton Garden Inn LAX/El Segundo · 162 keys · Upscale

Consideration

$37.5M

$231k / key

Park Q3 2022 Exhibit 99.1: $37.5 million for the 162-room Hilton Garden Inn LAX/El Segundo. El Segundo Garden Inn — not a downtown Checkers PPK.

Park Hotels & Resorts Exhibit 99.1, third quarter 2022 (sold September)

Park sold the 162-room Hilton Garden Inn LAX/El Segundo in September 2022 for $37.5 million. Harbor uses the first of September rather than inventing a closing day. Harbor PPK is $37.5 million ÷ 162. The same Q3 2022 Exhibit 99.1 names September, the 162 rooms, and that price. Use the $37.5 million hotel price, not Park’s $231,000/key rounding. Buyer unnamed. Harbor will not invent a buyer from trade press. Not Hilton Checkers Los Angeles, not Summit’s Four Points San Francisco Airport $17.7 million / 101 tape, and not Hilton Garden Inn Chicago/Oakbrook Terrace $9.4 million / 128. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together. The $149 million 2022 proceeds line stays combined. The Hilton San Diego Bayfront joint-venture line and the DoubleTree Las Vegas Airport joint-venture share stay off. Older than the 2025–26 blotter cut.

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Public filingPark soldDec 1, 2019

Ace Hotel Downtown Los Angeles — Park disposition

Ace Hotel Downtown Los Angeles · 182 keys · Independent / boutique

Consideration

$117.0M

$643k / key

Park Q2 2020 supplemental sold table: $117.0 million gross for the 182-room Ace Hotel Downtown Los Angeles. Downtown adaptive reuse — not a West Hollywood hillside PPK.

Park Hotels & Resorts Q2 2020 supplemental, Properties Sold table (December 2019 close; day unnamed)

Park sold the 182-room Ace Hotel Downtown Los Angeles in December 2019 for $117.0 million gross proceeds. Harbor uses the first of December rather than inventing a closing day. Harbor PPK is $117.0 million ÷ 182. Park rounded the same math to $643,000 per key. Buyer unnamed. Filing names Los Angeles — Harbor will not invent a Hollywood lock. Not Sunstone’s 2019 Courtyard Los Angeles $50 million / 187 tape and not Hilton Checkers Los Angeles. Hilton New Orleans Airport plus Embassy Suites Parsippany stay combined. Adagio and Le Meridien San Francisco stay off. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together. Older than the 2025–26 blotter cut.

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Public filingSunstone soldOct 23, 2019

Courtyard Los Angeles — Sunstone leasehold disposition

Courtyard Los Angeles · 187 keys · Upscale

Consideration

$50.0M

$267k / key

Sunstone Exhibit 99.1: $50 million gross for the leasehold interest in the 187-room Courtyard by Marriott Los Angeles. Leasehold — not a fee downtown PPK.

Sunstone Hotel Investors Exhibit 99.1, November 4, 2019 (sold October 23)

Sunstone sold the leasehold interest in the 187-room Courtyard by Marriott Los Angeles on October 23, 2019 for a gross sale price of $50 million. Harbor PPK is $50 million ÷ 187 and is a leasehold number — do not apply it as a fee-simple Los Angeles rooms deed. The same Exhibit 99.1 names October 23, the 187 rooms, and that hotel price. Use the $50 million hotel price, not Sunstone’s $267,000/key rounding. Buyer unnamed. Filing names Los Angeles — Harbor will not invent a downtown or LAX lock. Sunstone’s 13.8x / 6.2% trailing lines are Sunstone’s narrative, not a second hotel price. Not Park’s 2022 Hilton Garden Inn LAX/El Segundo $37.5 million / 162 tape and not Hilton Checkers Los Angeles. Renaissance Harborplace and Renaissance Los Angeles Airport stay off until a filing names month, price, and keys together. Older than the 2025–26 blotter cut.

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Public filingJul 16, 2019

Hotel Amarano Burbank — Pebblebrook disposition

Hotel Amarano Burbank · 132 keys · Upscale

Consideration

$72.9M

$552k / key

Pebblebrook 8-K Exhibit 99.1: $72.9 million for the 132-room Hotel Amarano Burbank. Media District boutique — not a Sunset trophy PPK.

Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, July 16, 2019

Pebblebrook closed the 132-room Hotel Amarano Burbank on July 16, 2019 for $72.9 million. Harbor PPK is $72.9 million ÷ 132. Buyer unnamed — Harbor will not invent a desk from trade press. Pebblebrook’s 15.8x / 5.7% 2018 lines — adjusted in the exhibit for California Proposition 13 — are Pebblebrook’s narrative, not a second hotel price. Not Park’s 2025 Checkers $13 million downtown tape and not a West Hollywood hillside PPK. Older than the 2025–26 blotter cut.

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Public filingDec 1, 2016

Ambrose Hotel — Hersha acquisition

Ambrose Hotel · 77 keys · Independent / boutique

Consideration

$47.5M

$617k / key

Hersha Exhibit 99.1: $47.5 million for the 77-room Ambrose Hotel in Santa Monica, CA. Santa Monica boutique — not a downtown Ace PPK.

Hersha Hospitality Trust Exhibit 99.1, February 22, 2017 (December 1, 2016 close)

Hersha acquired the 77-room Ambrose Hotel in Santa Monica, CA on December 1, 2016 for $47.5 million. Harbor PPK is $47.5 million ÷ 77. Hersha rounded the same math to $617,000 per key. The same Exhibit 99.1 names the completed buy, the 77 rooms, and that hotel price. Seller unnamed. Filing names Santa Monica — Harbor will not invent a Venice or Malibu lock. The October 2016 paper’s Ambrose line was a contract, not a close. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Hersha’s November 2016 Residence Inn Framingham plus Residence Inn Norwood $47.0 million line stays combined. Hersha’s January 2017 Courtyard Alexandria plus Residence Inn Greenbelt $62.0 million line stays combined. Hersha’s June 8, 2017 three Hyatt House $130.5 million line stays combined. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Pan Pacific Seattle stays off until a filing names a hotel price and keys together. Not Park’s 2019 Ace Hotel Downtown Los Angeles $117.0 million / 182 tape, not Hersha’s 2016 Courtyard Sunnyvale $75.0 million / 145 tape, and not Hersha’s 2017 Ritz-Carlton Coconut Grove $36.0 million / 115 tape. Older than the 2025–26 blotter cut.

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News / press releaseSunstone soldMay 11, 2016

Sheraton Cerritos — Sunstone leasehold disposition

Sheraton Cerritos · 203 keys · Upper upscale

Consideration

$42.0M

$207k / key

Sunstone IR: $42.0 million contractual for the leasehold interest in the 203-room Sheraton Cerritos. Leasehold — not a fee coastal PPK.

Sunstone Hotel Investors IR / PR Newswire, May 11, 2016 (sold; day from the release)

Sunstone sold the leasehold interest in the 203-room Sheraton Cerritos on May 11, 2016 for a contractual price of $42.0 million. Harbor PPK is $42.0 million ÷ 203 and is a leasehold number — do not apply it as a fee-simple Los Angeles rooms deed. The same release names the completed sale, the 203 rooms, and that hotel price. Use the $42.0 million hotel price, not the later $41.2 million net-proceeds line. Buyer unnamed. Filing names Cerritos — Harbor will not invent a Long Beach or Anaheim lock. Not Park’s 2019 Ace Hotel Downtown Los Angeles $117.0 million / 182 tape and not Sunstone’s 2019 Courtyard Los Angeles $50 million / 187 tape. Hilton New Orleans Airport plus Embassy Suites Parsippany stay combined. Adagio and Le Meridien San Francisco stay off. Older than the 2025–26 blotter cut.

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Public filingApple boughtAug 11, 2015

Courtyard Burbank — Apple Hospitality acquisition

Courtyard Burbank · 190 keys · Upscale

Consideration

$54.0M

$284k / key

Apple 2015 10-K table: $54.0 million for the existing 190-room Courtyard Burbank. Burbank Courtyard — not a SpringHill take-out PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed August 11)

Apple acquired the existing 190-room Courtyard Burbank on August 11, 2015 for a $54.0 million gross purchase price. Harbor PPK is $54.0 million ÷ 190. Use the table price, not transaction costs. Seller unnamed. Not the same-year SpringHill Suites Burbank $60.0 million tape and not Hotel Amarano Burbank $72.9 million. Not Hampton Inn Cypress $19.8 million. The $254.8 million 2015 line is the sum of seven named 10-K prices. The Syracuse adjoining 2015 line stays combined. Older than the 2025–26 blotter cut.

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Public filingApple boughtJul 13, 2015

SpringHill Suites Burbank — Apple Hospitality acquisition

SpringHill Suites Burbank · 170 keys · Upscale

Consideration

$60.0M

$353k / key

Apple 2015 10-K table: $60.0 million for the new 170-room SpringHill Suites Burbank. Burbank SpringHill — not an Amarano boutique PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed July 13)

Apple acquired the new 170-room SpringHill Suites Burbank on July 13, 2015 for a $60.0 million gross purchase price. Harbor PPK is $60.0 million ÷ 170. Use the table price, not transaction costs. Seller unnamed. Not the same-year Courtyard Burbank $54.0 million tape and not Pebblebrook’s 2019 Hotel Amarano Burbank $72.9 million boutique. Not Hampton Inn Cypress $19.8 million. The $254.8 million 2015 line is the sum of seven named 10-K prices. The Syracuse adjoining 2015 line stays combined. Older than the 2025–26 blotter cut.

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Public filingMay 1, 2011

Courtyard Westside — Hersha acquisition

Courtyard Westside · 260 keys · Upscale

Consideration

$47.5M

$183k / key

Hersha Exhibit 99.1: $47.5 million for the 260-room Courtyard Westside in Los Angeles. Los Angeles Courtyard Westside — not a Santa Monica boutique PPK and not a downtown Courtyard PPK.

Hersha Hospitality Trust Exhibit 99.1, August 3, 2011 (May 2011 close)

Hersha acquired the 260-room Marriott Courtyard Westside in Los Angeles in May 2011 for $47.5 million. Harbor uses the first of May rather than inventing a closing day. Harbor PPK is $47.5 million ÷ 260. Hersha rounded the same math to $182,500 per key. The same Exhibit 99.1 names May, the 260 rooms, and that hotel price. Use the $47.5 million hotel price, not the May 5, 2011 contract $47.0 million and not the 10-Q $47.148 million allocation. Seller unnamed. Filing names Los Angeles — Harbor will not invent a Culver City, Marina, or LAX lock. The May 5, 2011 paper’s Courtyard Westside line is a contract, not a close. Hotel Oceana stays off until a filing names keys with a hotel price. TownePlace Suites Sunnyvale stays off until one paper names a calendar month, a hotel price, and keys together. Parrot Key stays off until one paper names month, a hotel price, and keys together. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Hersha’s February 2010 Times Square Hampton, Candlewood, and Holiday Inn Express line stays combined. Holiday Inn Express 29th Street stays off as a remaining-interest buyout. The May 5, 2011 paper’s 32 Pearl Street $28.3 million line names a hotel price without keys. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2016 Ambrose Hotel $47.5 million / 77 tape, not Sunstone’s 2019 Courtyard Los Angeles $50 million / 187 tape, not Park’s 2019 Ace Hotel Downtown Los Angeles $117.0 million / 182 tape, and not Park’s 2022 Hilton Garden Inn LAX/El Segundo $37.5 million / 162 tape. Older than the 2025–26 blotter cut.

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