Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 4 of 282 · 2026
RLJ sold the 151-room Hyatt Place Fremont Silicon Valley on June 4, 2026 for a sales price of $13.2 million. Harbor PPK is $13.2 million ÷ 151. RLJ’s 29.2x Hotel EBITDA line, including required capital expenditures, is RLJ’s narrative — not a second hotel price. Buyer unnamed in the filing. Fremont / Warm Springs, not San Francisco Union Square.
$13.2M
Cited consideration · 151 keys · $87k / key
RLJ 10-Q: $13.2 million for the 151-room Hyatt Place Fremont Silicon Valley. East Bay select-service — not a Union Square palace PPK.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2026
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 June 30, 2026
https://www.sec.gov/Archives/edgar/data/1511337/000151133726000023/R10.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 Not an unpublished book.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.
$87,417 / key · 151 keys
$209,478 / key · Harbor defaults
Silicon Valley / East Bay · worksheet vs tape PPK
RLJ 10-Q: $13.2 million for the 151-room Hyatt Place Fremont Silicon Valley. East Bay select-service — not a Union Square palace PPK.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2026
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.
Silicon Valley / East Bay · Upscale
151 keys · Fremont · Hyatt Place
East Bay / Warm Springs select-service. RLJ sold the 151-key house on June 4, 2026 for $13.2 million (10-Q). Buyer unnamed in the filing. Not a Union Square palace and not a San Francisco recovery tape.
Same house or same market · 1
Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.
Courtyard Sunnyvale · 145 keys · Upscale
Consideration
$75.0M
$517k / key
Hersha Exhibit 99.1 subsequent events: $75.0 million for the 145-room Courtyard by Marriott in Sunnyvale, CA. South Bay Courtyard — not a Union Square palace PPK.
Hersha Hospitality Trust Exhibit 99.1, October 25, 2016 (October 20, 2016 close)
Hersha acquired the 145-room Courtyard by Marriott in Sunnyvale, CA on October 20, 2016 for $75.0 million. Harbor PPK is $75.0 million ÷ 145. Hersha rounded the same math to $517,200 per key. The same subsequent-events paragraph names the completed buy, the 145 rooms, and that hotel price. Use the $75.0 million hotel price, not the $40.6 million assumed loan. Hersha’s 7.7% economic capitalization rate and 12.2x EBITDA lines are Hersha’s narrative, not a second hotel price. Seller unnamed. Filing names Sunnyvale — Harbor will not invent a San Jose or Palo Alto lock. The same paper’s Ambrose Hotel line is a contract, not a close. 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. Hersha’s November 2016 Residence Inn Framingham plus Residence Inn Norwood $47.0 million line stays combined. Hersha’s January 2017 Courtyard Alexandria plus Residence Inn Greenbelt $62.0 million line stays combined. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2016 Hawthorn Suites Franklin $8.9 million / 100 tape and not RLJ’s 2026 Hyatt Place Fremont / Silicon Valley $13.2 million / 151 tape. Older than the 2025–26 blotter cut.
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