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Harborby Signalry

Public tape · 229 of 282 · 2016

Jan 1, 2016

The Hermitage Hotel — long-term hold

Civic landmark. No public tape Harbor will treat as a fact.

Not disclosed

Unknown on purpose — Harbor will not invent a confidential price · 122 keys

Consideration not disclosed122 keys

Property public site

News or press — not a filing. Harbor will not invent a confidential consideration.

Deal FrameLiving packetLabeled estimateCompare this tape2016 cited corpus

Keys at tape
122
Segment
Luxury
Market
Nashville
Buyer
—
Seller
—

Source

Property public site

https://www.thehermitagehotel.com

Desks on the graph

Attached when a press release or public pattern names the firm. Not an unpublished book.

Estimate ↔ tape

The worksheet next to the filing

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
Not disclosed

122 keys

Worksheet
$114.3M

$937,105 / key · Harbor defaults

Gap
—

Nashville · worksheet vs tape PPK

Consideration not disclosed122 keys

Property public site

News or press — not a filing. Harbor will not invent a confidential consideration.

Open the tapeDeal FrameShock the worksheetCompare tapes

The house

Run the labeled estimate

Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.

Same house or same market · 2

Related public tapes

Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.

Public filingHost boughtMay 1, 2024

1 Hotel Nashville + Embassy Suites Nashville Downtown — Host acquisition

Nashville · 721 keys · Luxury

Consideration

$530.0M

$735k / key

Host 2024 10-K: $530 million for the 215-room 1 Hotel Nashville and 506-room Embassy Suites by Hilton Nashville Downtown. Portfolio tape. Harbor does not split the two houses.

Host Hotels & Resorts Form 10-K for the year ended Dec 31, 2024

April/May 2024 close. Two-hotel downtown complex, 721 keys combined. Do not use the blended $735k/key as a single-house 1 Hotel or Embassy Suites comp. See Host’s May 1, 2024 IR.

Open the tape →NashvilleCompare

Public filingMar 29, 2022

W Nashville — Xenia acquisition

W Nashville · 346 keys · Luxury

Consideration

$328.7M

$950k / key

Xenia 8-K Exhibit 99.1: $328.7 million for the 346-key W Nashville. Gulch W — not a Motto Nashville PPK and not a 21c PPK.

Xenia Hotels & Resorts Form 8-K Exhibit 99.1, March 29, 2022 (closed March 29)

Xenia acquired the 346-key W Nashville on March 29, 2022 for a $328.7 million purchase price. Harbor PPK is $328.7 million ÷ 346. Xenia rounded the same math to about $950,000 per key. Rooms sit with that named price in the same 8-K exhibit. Use the $328.7 million exhibit price, not the 8-K body’s “approximately $328.7 million (subject to customary adjustments)” line as a second hotel price. Seller unnamed as a Harbor party — the 8-K names Nashville Gulch, LLC; Harbor will not invent a desk beyond that paper. Not Motto Nashville $98.2 million, not 21c Hotel Nashville $59.0 million, and not Union Station $56.0 million. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateNashvilleCompare