Hotels only · No pay-to-rank · Advice first; verified when attested
West · tertiary
Inland Northwest convention and riverfront inventory. Do not import a Seattle waterfront going-in cap.
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
Spokane · Upper upscale
375 keys · Spokane · DoubleTree
Riverfront convention box. The consolidated JV that owned the house sold it on December 4, 2024 for $35 million gross (Park IR). That is the hotel price, not Park’s net after the $13.5 million mortgage. Not a Seattle waterfront 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 Harbor does not invent named producers or unpublished league tables.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.
DoubleTree by Hilton Spokane City Center · 375 keys · Upper upscale
Consideration
$35.0M
$93k / key
Park IR: $35 million gross for the 375-room hotel. Hotel consideration — not Park’s net after the $13.5 million mortgage. Inland Northwest, not Seattle.
Park Hotels & Resorts IR / Nasdaq, December 2024 (closed December 4)
On December 4, 2024 the consolidated joint venture that owned the 375-room DoubleTree Hotel Spokane City Center sold the hotel for $35 million gross, or about $93,000 per key. Park said proceeds first repay a $13.5 million mortgage, with Park’s pro-rata share of remaining net proceeds for general corporate purposes. Harbor records the $35 million hotel price and will not invent Park’s net. Spokane Journal / Washington tax records name Spokane Hotel LLC (JMA Ventures). Not a Seattle waterfront PPK.