Harbor by Signalry · Buy / sell deskTape 102 of 282Cited price
Public tape · 102 of 282 · 2022
Jul 1, 2022Historical cited · 2022
Hilton Garden Inn Chicago/Oakbrook Terrace — Park disposition
Park sold the 128-room Hilton Garden Inn Chicago/Oakbrook Terrace in July 2022 for $9.4 million. Harbor uses the first of July rather than inventing a closing day. Harbor PPK is $9.4 million ÷ 128. The same Q2 2022 Exhibit 99.1 names July, the 128 rooms, and that price. Use the $9.4 million hotel price, not Park’s $73,000/key rounding and not the 10-Q “approximately $9 million” line. Buyer unnamed. Not a Michigan Avenue tape, not Summit’s Lombard or Hoffman Estates Hyatt Place, and not Hilton Garden Inn LAX/El Segundo $37.5 million / 162. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together. The $102 million April–June 2022 proceeds line and the $149 million 2022 proceeds line stay combined. Older than the 2025–26 blotter cut.
$9.4M
Cited consideration · 128 keys · $73k / key
Park Q2 2022 Exhibit 99.1: $9.4 million for the 128-room Hilton Garden Inn Chicago/Oakbrook Terrace. West-suburban Garden Inn — not a Michigan Avenue 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
$9.4M
$73,438 / key · 128 keys
Worksheet
$21.5M
$167,705 / key · Harbor defaults
Gap
+128%
Chicago · worksheet vs tape PPK
Park Q2 2022 Exhibit 99.1: $9.4 million for the 128-room Hilton Garden Inn Chicago/Oakbrook Terrace. West-suburban Garden Inn — not a Michigan Avenue PPK.
West-suburban Oakbrook Terrace Garden Inn. Park sold the 128-key house in July 2022 for $9.4 million (Q2 2022 Exhibit 99.1). Buyer unnamed. Harbor uses the first of July rather than inventing a closing day. Use that hotel price, not Park’s $73,000/key rounding and not the 10-Q “approximately $9 million” line. Not a Michigan Avenue tape, not Summit’s Lombard or Hoffman Estates Hyatt Place, and not Hilton Garden Inn LAX/El Segundo $37.5 million / 162. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together.
Summit Exhibit 99.1 sold table: $10.5 million for the 151-guestroom Hyatt Place Chicago/Lombard. May 2023; day-of-month not named. West-suburban select-service — not a Michigan Avenue PPK.
Summit Exhibit 99.1 sold table: $3.0 million for the 126-guestroom Hyatt Place Chicago/Hoffman Estates. May 2023; day-of-month not named. Northwest-suburban select-service — not a Michigan Avenue PPK.
Summit Exhibit 99.1 sold table: $10.5 million for the 151-guestroom Hyatt Place Chicago/Lombard. May 2023; day-of-month not named. West-suburban select-service — not a Michigan Avenue PPK.
Summit sold the 151-guestroom Hyatt Place Chicago/Lombard in May 2023 for $10.5 million. Harbor uses the first of May rather than inventing a closing day. Harbor PPK is $10.5 million ÷ 151. Buyer unnamed. Summit’s $5.7 million foregone-capex line is Summit’s narrative, not a second price. Not a Michigan Avenue tape. Not the Hoffman Estates $3.0 million tape. The New Orleans Convention Center $73 million pair stays off this row. Older than the 2025–26 blotter cut.
Hyatt Place Chicago/Hoffman Estates · 126 keys · Upscale
Consideration
$3.0M
$24k / key
Summit Exhibit 99.1 sold table: $3.0 million for the 126-guestroom Hyatt Place Chicago/Hoffman Estates. May 2023; day-of-month not named. Northwest-suburban select-service — not a Michigan Avenue PPK.
Summit sold the 126-guestroom Hyatt Place Chicago/Hoffman Estates in May 2023 for $3.0 million. Harbor uses the first of May rather than inventing a closing day. Harbor PPK is $3.0 million ÷ 126. Buyer unnamed. Summit’s $7.2 million foregone-capex line is Summit’s narrative, not a second price — Harbor will not add it onto the cited $3.0 million. Not a Michigan Avenue tape. Not the Lombard $10.5 million tape. Older than the 2025–26 blotter cut.