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Harborby Signalry

West · secondary

Orange County, California

Cypress, Anaheim, and coastal Orange County inventory. Sunstone’s 2017 Fairmont Newport Beach $125.0 million / 444 tape is a named Newport Beach Fairmont — not Xenia’s Fairmont Dallas $111.0 million tape and not Pebblebrook’s Gurney’s Newport $174.0 million / 257 Rhode Island tape. Apple’s 2015 Hampton Inn Cypress $19.8 million / 110 tape is a named Cypress Hampton — not that Fairmont, not Hotel Amarano Burbank $72.9 million, and not Apple’s 2015 Burbank SpringHill or Courtyard tapes. Harbor will not invent a Disneyland lock the table does not name.

Hotels
2
Graph events
2
Cited prices
2
Desks
0

Hotels

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

Orange County, California · Upper midscale

Hampton Inn Cypress

110 keys · Cypress · Hampton by Hilton

Cypress Hampton. Apple bought the existing 110-key house on June 29, 2015 for $19.8 million (2015 10-K table). Seller unnamed. Table city is Cypress — Harbor will not invent a Disneyland lock. Not Hotel Amarano Burbank $72.9 million and not the 2015 Burbank SpringHill or Courtyard tapes. The $254.8 million 2015 line is the sum of seven named 10-K prices.

Orange County, California · Luxury

Fairmont Newport Beach

444 keys · Newport Beach · Fairmont

Coastal Orange County Fairmont. Sunstone sold the 444-key house on February 10, 2017 for a $125.0 million gross sales price (Exhibit 99.1). Buyer unnamed. Use that hotel price, not a later net line. Filing names Newport Beach — Harbor will not invent an Irvine or Anaheim lock. Not Xenia’s Fairmont Dallas $111.0 million tape, not Apple’s Hampton Inn Cypress $19.8 million / 110 tape, and not Pebblebrook’s Gurney’s Newport $174.0 million / 257 Rhode Island tape.

Desks covering this market

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

No public desk publishes coverage here. Harbor will not invent a book.

Public tape · 2 events

Transactions

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

Morning blotterCompare tapes

Public filingSunstone soldFeb 10, 2017

Fairmont Newport Beach — Sunstone disposition

Fairmont Newport Beach · 444 keys · Luxury

Consideration

$125.0M

$282k / key

Sunstone Exhibit 99.1: $125.0 million gross for the 444-room Fairmont Newport Beach. Coastal Orange County Fairmont — not a Dallas Fairmont PPK and not a Gurney’s Newport, RI PPK.

Sunstone Hotel Investors Exhibit 99.1, February 21, 2017 (sold February 10)

Sunstone sold the 444-room Fairmont Newport Beach on February 10, 2017 for a gross sales price of $125.0 million. Harbor PPK is $125.0 million ÷ 444. The same Exhibit 99.1 names February 10, the 444 rooms, and that gross hotel price. Use the $125.0 million hotel price, not a later net line. Buyer unnamed. Filing names Newport Beach — Harbor will not invent an Irvine or Anaheim lock. Not Xenia’s Fairmont Dallas $111.0 million tape, not Apple’s Hampton Inn Cypress $19.8 million / 110 tape, and not Pebblebrook’s Gurney’s Newport $174.0 million / 257 Rhode Island tape. The Marriott Philadelphia plus Marriott Quincy $139.0 million line stays combined. 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.

Open the tape →FramePacketEstimateOrange County, CaliforniaCompare

Public filingApple boughtJun 29, 2015

Hampton Inn Cypress — Apple Hospitality acquisition

Hampton Inn Cypress · 110 keys · Upper midscale

Consideration

$19.8M

$180k / key

Apple 2015 10-K table: $19.8 million for the existing 110-room Hampton Inn Cypress. Cypress Hampton — not a Burbank boutique PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed June 29)

Apple acquired the existing 110-room Hampton Inn Cypress on June 29, 2015 for a $19.8 million gross purchase price. Harbor PPK is $19.8 million ÷ 110. That math is $180,000 per key. Use the table price, not transaction costs. Seller unnamed. Table city is Cypress — Harbor will not invent a Disneyland lock. Not Hotel Amarano Burbank $72.9 million, not SpringHill Suites Burbank $60.0 million, and not Courtyard Burbank $54.0 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.

Open the tape →FramePacketEstimateOrange County, CaliforniaCompare