Hotels only · No pay-to-rank · Advice first; verified when attested
West · gateway
Waterfront and downtown keys with a tech-corporate spine. Construction cost and labor are the replacement-cost story. Pebblebrook’s 2023 Monaco $63.25 million and Vintage $33.7 million tapes are downtown lifestyle — not an airport ground-lease PPK. Apple’s 2023 Residence Inn Seattle South/Renton $55.5 million tape is South extended-stay — not those downtown boxes.
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
Seattle · Upper upscale
396 keys · Seattle · Hilton
SeaTac conference box on a short-term ground lease. Park sold the 396-key house in April 2026 for $18 million gross (Park IR). Anticipated capex over $25 million is Park’s narrative, not a second price. Not a Seattle waterfront PPK.
Seattle · Upper upscale
189 keys · Seattle · Hotel Monaco
Downtown Seattle lifestyle. Pebblebrook sold the 189-key house on May 9, 2023 for $63.25 million (2023 10-Q; keys from Q2 2023 Exhibit 99.1). Buyer unnamed. Not Park’s Hilton Seattle Airport $18 million tape.
Seattle · Upscale
125 keys · Seattle · Hotel Vintage
Downtown Seattle boutique. Pebblebrook sold the 125-key house on May 24, 2023 for $33.7 million (2023 10-Q; keys from Q2 2023 Exhibit 99.1). Buyer unnamed. Not the Monaco $63.25 million tape and not an airport box.
Seattle · Upscale
146 keys · Renton · Residence Inn
South Seattle / Renton Residence Inn. Apple bought the existing 146-key house on October 18, 2023 for $55.5 million (2023 10-K table). Seller unnamed. Not Pebblebrook’s downtown Monaco $63.25 million or Vintage $33.7 million tapes. Apple’s Seattle Residence Inn site buy is not this tape.
Public coverage lists, not a claimed book. Open a desk for the graph timeline.
Investment sales practice
Practice-level node for CBRE’s public hotels platform. Harbor does not invent named producers or unpublished league tables.
32 public graph events · 22 cited · 10 unknown
2026 · 2025 · 2024 · 2023 · 2022 · 2021
Public tape · 1 events
Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.
Morning blotterCompare a cited single
Hilton Seattle Airport & Conference Center · 396 keys · Upper upscale
Consideration
$18.0M
$45k / key
Park IR: $18 million gross for the 396-room Hilton Seattle Airport on a short-term ground lease. Anticipated capex over $25 million is Park’s narrative. Not a waterfront PPK.
Park Hotels & Resorts IR, Q2 2026 (April 2026 close; day-of-month not named in the IR)
Park sold the 396-room Hilton Seattle Airport & Conference Center in April 2026 for gross proceeds of $18 million. Harbor uses the first of April rather than inventing a closing day. Harbor PPK is $18 million ÷ 396. The house sat on a short-term ground lease. Park’s “over $25 million” anticipated capex line is Park’s narrative, not a second price. Do not apply this as a Seattle waterfront or downtown fee-simple tape. Buyer unnamed in Park’s IR. Hilton Checkers Los Angeles is its own approximately $13 million 10-Q tape — Harbor will not subtract $31 million − $18 million.