Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 34 of 282 · 2025
RLJ sold the 181-room Courtyard Atlanta Buckhead on March 6, 2025 for a sales price of $24.3 million. Harbor PPK is $24.3 million ÷ 181. RLJ’s 18.0x Hotel EBITDA line is RLJ’s narrative, not a second price. Buyer unnamed in the filing — Harbor will not invent one. Recited again in the June 30, 2026 10-Q.
$24.3M
Cited consideration · 181 keys · $134k / key
RLJ 10-Q: $24.3 million for the 181-room Courtyard Atlanta Buckhead. Buckhead select-service — not a Midtown lifestyle PPK.
RLJ Lodging Trust Form 10-Q, quarter ended March 31, 2025
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tapeMorning blotterSelect blotterFilings blotter
Source
RLJ Lodging Trust Form 10-Q, quarter ended March 31, 2025
https://www.sec.gov/Archives/edgar/data/1511337/000151133725000014/rlj-20250331.htmDesks 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 Not an unpublished book.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.
$134,254 / key · 181 keys
$222,101 / key · Harbor defaults
Atlanta · worksheet vs tape PPK
RLJ 10-Q: $24.3 million for the 181-room Courtyard Atlanta Buckhead. Buckhead select-service — not a Midtown lifestyle PPK.
RLJ Lodging Trust Form 10-Q, quarter ended March 31, 2025
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
The house
Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.
Atlanta · Upscale
181 keys · Atlanta · Courtyard by Marriott
Buckhead select-service box. RLJ sold the 181-key house on March 6, 2025 for $24.3 million (10-Q). Buyer unnamed in the filing — Harbor will not invent one. Not RLJ’s 2021 Hampton Inn & Suites Atlanta Midtown $58.0 million buy and not a Midtown lifestyle PPK.