Harbor by Signalry · Buy / sell deskTape 263 of 282Cited price
Public tape · 263 of 282 · 2010
Sep 1, 2010Historical cited · 2010
Hampton Inn Washington, D.C. — Hersha acquisition
Hersha acquired the 228-room Hampton Inn in Washington, DC on September 1, 2010 for a total purchase price of $73.096 million. Harbor PPK is $73.096 million ÷ 228. The same 10-Q names September 1, the 228 rooms, and that hotel price. Use the $73.096 million hotel price, not the $1,188 closing-cost add-on, not the $72.988 million cash line, not the $108 thousand franchise-fee line, and not a prospectus or trade-press $73.0 million / $320,000 per key line. Seller unnamed — an unrelated third party. Filing names Washington, DC — Harbor will not invent a Massachusetts Avenue, Convention Center, or Union Station lock. Do not stitch the October 2010 424B5. The same 10-Q’s February 9, 2010 Times Square Hampton, Candlewood, and Holiday Inn Express line stays combined. The same 10-Q’s January 1, 2010 Hilton Garden Inn Glastonbury line is a remaining 52% joint-venture interest, not a hotel deed tape. Courtyard South Boston stays off as a mortgage-note purchase of a 50% joint venture. Hotel Oceana stays off until a filing names keys with a hotel price. TownePlace Suites Sunnyvale stays off until one paper names a calendar month, a hotel price, and keys together. Parrot Key stays off until one paper names month, a hotel price, and keys together. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Holiday Inn Express 29th Street stays off as a remaining-interest buyout. The May 5, 2011 paper’s 32 Pearl Street $28.3 million line names a hotel price without keys. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2011 Capitol Hill Suites $47.5 million / 152 tape, not Hersha’s 2015 St. Gregory Hotel $57.0 million / 155 tape, not Hersha’s 2016 Hilton Garden Inn M Street $106.5 million / 238 tape, and not Hersha’s 2018 Hampton Inn Financial District $32.4 million / 81 tape. Older than the 2025–26 blotter cut.
$73.1M
Cited consideration · 228 keys · $321k / key
Hersha Q3 2010 10-Q: $73.096 million for the 228-room Hampton Inn in Washington, DC. Washington Hampton Inn — not a Capitol Hill Suites PPK and not a Financial District Hampton PPK.
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.
Tape
$73.1M
$320,597 / key · 228 keys
Worksheet
$50.6M
$221,920 / key · Harbor defaults
Gap
-31%
Washington, D.C. · worksheet vs tape PPK
Hersha Q3 2010 10-Q: $73.096 million for the 228-room Hampton Inn in Washington, DC. Washington Hampton Inn — not a Capitol Hill Suites PPK and not a Financial District Hampton PPK.
Washington Hampton Inn. Hersha bought the 228-key house on September 1, 2010 for $73.096 million (Q3 2010 10-Q). Seller unnamed — an unrelated third party. Filing names Washington, DC — Harbor will not invent a Massachusetts Avenue, Convention Center, or Union Station lock. Use the $73.096 million hotel price, not the $1,188 closing-cost add-on and not a prospectus or trade-press $73.0 million / $320,000 per key line. Do not stitch the October 2010 424B5. Not Hersha’s 2011 Capitol Hill Suites $47.5 million / 152 tape, not Hersha’s 2015 St. Gregory Hotel $57.0 million / 155 tape, and not Hersha’s 2018 Hampton Inn Financial District $32.4 million / 81 tape.