Miami / South Beach

Hotel Colonnade Coral Gables — Pebblebrook disposition

Hotel Colonnade Coral Gables, Autograph Collection · 157 keys · Upper upscale

Pebblebrook 8-K: $63.0 million for the 157-room Hotel Colonnade Coral Gables, Autograph Collection. Coral Gables Autograph — not a South Beach PPK.

Pebblebrook Hotel Trust Form 8-K, March 28, 2023 (press dated March 29)

Pebblebrook closed the 157-room Hotel Colonnade Coral Gables, Autograph Collection on March 28, 2023 for $63.0 million to a third party. Harbor PPK is $63.0 million ÷ 157. Pebblebrook’s 15.4x / 5.5% 2019 lines are Pebblebrook’s narrative, not a second hotel price. Buyer unnamed. Not Host’s 2022 YVE $50 million downtown tape and not a South Beach luxury PPK. The Westin Michigan Avenue retail parcel stays off this tape. Older than the 2025–26 blotter cut.

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Hilton Miami Airport Blue Lagoon — Park Hotels disposition

Hilton Miami Airport Blue Lagoon · 508 keys · Upper upscale

Park IR: $118.25 million for the 508-room Hilton Miami Airport. Airport / Blue Lagoon — not a South Beach PPK.

Park Hotels & Resorts IR / GlobeNewswire, February 2, 2023

Park closed the 508-room Hilton Miami Airport for $118.25 million, or $233,000 per key as Park rounded it. Harbor PPK is $118.25 million ÷ 508. Later Park earnings date the effective sale to January 2023; the IR close date is February 2. MCR announced the buy. Airport box — not a South Beach lifestyle tape.

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The Confidante Miami Beach — Sunstone acquisition

The Confidante Miami Beach · 339 keys · Upper upscale

Sunstone Q2 2022 10-Q: $232.0 million contractual for the fee-simple 339-room The Confidante Miami Beach. Miami Beach Confidante — not a downtown Biscayne PPK.

Sunstone Hotel Investors Form 10-Q, quarter ended June 30, 2022 (closed June)

Sunstone purchased the fee-simple interest in the 339-room The Confidante Miami Beach, Florida in June 2022 for a contractual purchase price of $232.0 million. Harbor uses the first of June rather than inventing a closing day. Harbor PPK is $232.0 million ÷ 339. The same Q2 2022 10-Q names June, the 339 rooms, and that contractual price. Use the $232.0 million hotel price, not the $60 million renovation, not the $140.0 million credit-facility draw, and not the $0.5 million in-place allocation. Seller unnamed. Later Andaz Miami Beach is a rebrand, not a second tape. Not Host’s 2022 YVE $50 million / 242 downtown tape, not Pebblebrook’s 2023 Colonnade Coral Gables $63 million / 157 tape, and not Pebblebrook’s 2021 Margaritaville Hollywood Beach $270 million / 369 tape — that PPK is not a fee deed. The Hilton San Diego Bayfront 25% interest stays off. Older than the 2025–26 blotter cut.

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Faena Hotel Miami Beach — reported capital conversations

Faena Hotel Miami Beach · 169 keys · Luxury

Miami trade press

Small luxury. Public consideration not disclosed in sources Harbor will stand behind. Listed as a news-level node only.

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YVE Hotel Miami — Host disposition

YVE Hotel Miami · 242 keys · Upscale

Host 10-Q: $50 million for YVE Hotel Miami, including $1 million of FF&E funds Host retained. April 2022; day-of-month not named. Keys (242) from Host’s 2014 IR. Downtown Biscayne — not a South Beach PPK.

Host Hotels & Resorts Form 10-Q, quarter ended March 31, 2022 (April close; day unnamed; keys: Host 2014 IR 242-room)

Host sold YVE Hotel Miami in April 2022 for $50 million, including $1 million of FF&E funds Host retained. Harbor uses the first of April rather than inventing a closing day. Harbor PPK is $50 million ÷ 242 from Host’s 2014 IR on the same house — the sale 10-Q does not restate keys. Use the $50 million sale price, not the $1 million FF&E Host kept. Buyer unnamed in Host’s filing. Not a South Beach luxury tape, not Host’s 2014 $57.5 million buy of the same house as b2, and not Sunstone’s 2022 Confidante Miami Beach $232.0 million / 339 tape. Older than the 2025–26 blotter cut.

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1 Hotel South Beach — Host Hotels acquisition

1 Hotel South Beach · 429 keys · Luxury

Host 8-K: aggregate consideration of approximately $610 million, including OP units. 429 keys as Host disclosed. Not a later recap.

Host Hotels & Resorts Form 8-K, February 19, 2019 (closed February 14)

On February 14, 2019 Host LP acquired the entity that owns 1 Hotel South Beach for approximately $610 million, including Class A and Class G OP units. Host IR names 429 keys. Trade press names Starwood Capital / Lefrak as sellers and Hodges Ward Elliott as seller broker. Lifestyle beachfront — not a limited-service Miami PPK. Desk hotel inventory is 426 keys; this tape uses Host’s 429.

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Ritz-Carlton Coconut Grove — Hersha acquisition

Ritz-Carlton Coconut Grove · 115 keys · Luxury

Hersha Exhibit 99.1 subsequent events: $36.0 million for the 115-room Ritz-Carlton in Coconut Grove, FL. Coconut Grove Ritz-Carlton — not a South Beach palace PPK.

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

Hersha acquired the 115-room Ritz-Carlton in Coconut Grove, FL on February 1, 2017 for $36.0 million. Harbor PPK is $36.0 million ÷ 115. Hersha rounded the same math to $313,000 per key. The same subsequent-events paragraph names the completed buy, the 115 rooms, and that hotel price. Seller unnamed. Filing names Coconut Grove — Harbor will not invent a South Beach lock. Hersha’s January 2017 Courtyard Alexandria plus Residence Inn Greenbelt $62.0 million line stays combined. 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 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 Host’s 2022 YVE $50 million downtown tape, not Pebblebrook’s 2023 Colonnade Coral Gables $63.0 million / 157 tape, not Sunstone’s 2022 Confidante Miami Beach $232.0 million / 339 tape, and not Hersha’s 2016 Ambrose Hotel $47.5 million / 77 tape. Older than the 2025–26 blotter cut.

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b2 / YVE Hotel Miami — Host Hotels acquisition

YVE Hotel Miami · 242 keys · Upscale

Host IR: $57.5 million for the 242-room fee-simple b2 miami downtown hotel. Later rebranded YVE.

Host Hotels & Resorts IR / PR Newswire, October 6, 2014 (closed August 2014)

Host announced it acquired the 242-room fee-simple b2 miami downtown hotel for $57.5 million. Subsequent Host materials date the close to August 2014 and the later YVE identity. Downtown Biscayne independent — not a South Beach luxury tape. Day-of-month not named in the release; Harbor uses the first of August rather than inventing a closing day.

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Fontainebleau Miami Beach — Soffer / Turnberry era

Fontainebleau Miami Beach · 1504 keys · Luxury

Public restructuring / property history coverage

Mid-2000s restructuring is public. Harbor will not flatten a bankruptcy-and-rebuild story into a single invented sale price.

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