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Harborby Signalry

West · secondary

Portland

Independent and soft-brand density downtown. A recovery file — underwrite weekday corporate separately from weekend leisure. Pebblebrook’s 2022 Vintage Portland $32.9 million tape is not the 2023 Heathman $45 million downtown independent, and neither is a waterfront palace PPK. Apple’s 2021 Hampton Inn & Suites Pearl District $75.0 million tape is this market — not Portland, Maine. Apple’s 2021 AC Hotel $66.75 million and Aloft $51.15 million tapes live on their own market.

Hotels
4
Graph events
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Cited prices
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Desks
1

Hotels

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

Portland · Upper upscale

Kimpton RiverPlace Hotel

85 keys · Portland · Kimpton

Willamette waterfront boutique. Xenia sold the 85-key house on July 21, 2026 for $11.0 million (10-Q subsequent event). Near-term capex is exclusive of that price. Buyer unnamed in the filing. Not a downtown independent PPK and not Apple’s 2021 Portland, Maine AC or Aloft tapes.

Portland · Upper upscale

The Heathman Hotel

151 keys · Portland · The Heathman

Downtown Portland, Oregon independent. Pebblebrook sold the 151-key house on February 22, 2023 for $45.0 million (2023 10-Q; keys from Pebblebrook IR). Buyer unnamed. Not Hotel Vintage Portland $32.9 million (2022), not Kimpton RiverPlace, not Apple’s 2021 Pearl District Hampton $75.0 million tape, and not Apple’s 2021 Portland, Maine AC or Aloft tapes.

Portland · Upscale

Hotel Vintage Portland

117 keys · Portland · Hotel Vintage

Downtown Portland, Oregon boutique. Pebblebrook closed the 117-key house on September 14, 2022 for $32.9 million (8-K). Buyer unnamed. Not The Heathman Hotel $45.0 million (2023), not Hotel Vintage Seattle $33.7 million (2023), not Apple’s 2021 Pearl District Hampton $75.0 million tape, and not Apple’s 2021 Portland, Maine AC or Aloft tapes.

Desks covering this market

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

Public tape · 1 events

Transactions

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

Morning blotterCompare a cited single

Public filingJul 21, 2026

Kimpton RiverPlace Hotel — Xenia disposition

Kimpton RiverPlace Hotel · 85 keys · Upper upscale

Consideration

$11.0M

$129k / key

Xenia 10-Q: $11.0 million for the 85-room Kimpton RiverPlace Hotel. Waterfront boutique — exclusive of significant near-term capex. Not a downtown independent PPK.

Xenia Hotels & Resorts Form 10-Q subsequent event (closed July 21, 2026)

Xenia closed the 85-room Kimpton RiverPlace Hotel on July 21, 2026 for a sale price of $11.0 million. Harbor PPK is $11.0 million ÷ 85 (Xenia rounded $129,400). Use the $11.0 million sale price, not the $10.3 million net cash after costs. Xenia’s 19.4x / 2.0% TTM lines are exclusive of significant near-term capex — that is Xenia’s narrative, not a second price. The $38.8 million impairment is Xenia’s accounting, not a hotel price. Buyer unnamed in the filing.

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