Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 54 of 282 · 2024
Henderson Park and Pyramid Global Hospitality acquired the 705-key Arizona Biltmore from Blackstone’s BRE Hotels. $705 million is news-level (Bloomberg first cited unnamed sources; CoStar later cited a May 8 deed). Resort plus golf-adjacent campus — not a downtown Phoenix select-service tape.
$705.0M
Cited consideration · 705 keys · $1.0M / key
Consideration as reported in trade press and CoStar’s May 2024 deed/affidavit read. Confirm the Maricopa affidavit. Not an HVS survey number.
The Real Deal / CoStar, Jan–May 2024 (announced Jan 23; deed read May 8)
News or press — not a filing. Harbor will not invent a confidential consideration.
Deal FrameLiving packetLabeled estimateCompare this tape2024 cited corpus
Source
The Real Deal / CoStar, Jan–May 2024 (announced Jan 23; deed read May 8)
https://therealdeal.com/national/phoenix/2024/01/23/henderson-park-buys-arizona-biltmore-hotel-for-705m/Desks on the graph
Attached when a press release or public pattern names the firm. Not an unpublished book.
Estimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
$1,000,000 / key · 705 keys
$770,276 / key · Harbor defaults
Phoenix / Scottsdale · worksheet vs tape PPK
Consideration as reported in trade press and CoStar’s May 2024 deed/affidavit read. Confirm the Maricopa affidavit. Not an HVS survey number.
The Real Deal / CoStar, Jan–May 2024 (announced Jan 23; deed read May 8)
News or press — not a filing. Harbor will not invent a confidential consideration.
The house
Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.
Phoenix / Scottsdale · Luxury
705 keys · Phoenix · Waldorf Astoria / LXR
Jewel of the Desert. Henderson Park / Pyramid acquired it from Blackstone’s BRE Hotels in 2024. Trade press and CoStar’s deed read cite $705 million — news-level, confirm the affidavit.
Same house or same market · 1
Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.
The Phoenician · 643 keys · Luxury
Consideration
$400.0M
$622k / key
Host IR: $400 million for the 643-room resort, including a 27-hole golf course and adjacent land parcels. Not a rooms-only PPK.
Host Hotels & Resorts IR, June 8, 2015
On June 8, 2015 Host acquired the 643-room Phoenician, a Luxury Collection resort, for $400 million. The release includes golf and two adjacent parcels zoned for residential. Seller is not named in Host’s release — Harbor will not invent one. Scottsdale resort, not a downtown Phoenix select-service tape.
Open the tape →FramePacketEstimatePhoenix / ScottsdaleCompare