Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 67 of 282 · 2023
Summit sold the 123-guestroom Hyatt Place Baltimore/Owings Mills in December 2023 for $8.25 million. Harbor uses the first of December rather than inventing a closing day. Harbor PPK is $8.25 million ÷ 123. Buyer unnamed. Not an Inner Harbor palace. Older than the 2025–26 blotter cut.
$8.3M
Cited consideration · 123 keys · $67k / key
Summit Exhibit 99.1 sold table: $8.25 million for the 123-guestroom Hyatt Place Baltimore/Owings Mills. December 2023; day-of-month not named. Beltway select-service — not an Inner Harbor PPK.
Summit Hotel Properties Exhibit 99.1, year ended Dec 31, 2024 (December 2023 close; day unnamed)
Historical cited · 2023 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2023 cited corpus2023 cited filings
Source
Summit Hotel Properties Exhibit 99.1, year ended Dec 31, 2024 (December 2023 close; day unnamed)
https://www.sec.gov/Archives/edgar/data/1497645/000149764525000014/exhibit99112-31x2024.htmEstimate ↔ 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.
$67,073 / key · 123 keys
$136,800 / key · Harbor defaults
Baltimore · worksheet vs tape PPK
Summit Exhibit 99.1 sold table: $8.25 million for the 123-guestroom Hyatt Place Baltimore/Owings Mills. December 2023; day-of-month not named. Beltway select-service — not an Inner Harbor PPK.
Summit Hotel Properties Exhibit 99.1, year ended Dec 31, 2024 (December 2023 close; day unnamed)
Historical cited · 2023 corpus. 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.
Baltimore · Upscale
123 keys · Owings Mills · Hyatt Place
Beltway Hyatt Place. Summit sold the 123-key house in December 2023 for $8.25 million (FY2024 Exhibit 99.1 sold table). Day unnamed — Harbor uses the first of December. Buyer unnamed. Not an Inner Harbor palace. Older than the 2025–26 blotter cut.