Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 135 of 282 · 2021
Pebblebrook acquired the 369-room Margaritaville Hollywood Beach Resort on September 23, 2021 for a $270 million purchase price. Harbor PPK is $270 million ÷ 369 and is not a fee-simple South Beach rooms deed. The same 8-K names a first-lien mortgage on the ground lease with the City of Hollywood, expiring July 2112. Use the $270 million table price, not the $108.5 million cash and not the $161.5 million assumed loan — those are funding, not a second hotel price. Seller unnamed. Not a South Beach palace PPK. Jekyll Island Club Resort $94.0 million / 200 is its own tape. The Kimpton Sir Francis Drake $157.6 million net-proceeds line stays off. Older than the 2025–26 blotter cut.
$270.0M
Cited consideration · 369 keys · $732k / key
Pebblebrook 8-K: $270 million for the 369-room Margaritaville Hollywood Beach Resort. Ground lease through July 2112 — not a South Beach fee PPK.
Pebblebrook Hotel Trust Form 8-K, September 23, 2021 (closed September 23)
Historical cited · 2021 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2021 cited corpus2021 cited filings
Source
Pebblebrook Hotel Trust Form 8-K, September 23, 2021 (closed September 23)
https://www.sec.gov/Archives/edgar/data/1474098/000147409821000175/peb-20210923.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.
$731,707 / key · 369 keys
$595,133 / key · Harbor defaults
Hollywood Beach / Fort Lauderdale · worksheet vs tape PPK
Pebblebrook 8-K: $270 million for the 369-room Margaritaville Hollywood Beach Resort. Ground lease through July 2112 — not a South Beach fee PPK.
Pebblebrook Hotel Trust Form 8-K, September 23, 2021 (closed September 23)
Historical cited · 2021 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.
Hollywood Beach / Fort Lauderdale · Upscale
369 keys · Hollywood · Margaritaville
Hollywood Beach oceanfront Margaritaville. Pebblebrook bought the existing 369-key house on September 23, 2021 for $270 million (8-K). Seller unnamed. The house sits on a City of Hollywood ground lease through July 2112 — Harbor PPK is not a fee deed. Not a South Beach palace PPK. Jekyll Island Club Resort $94.0 million / 200 is its own tape.