Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 52 of 282 · 2024
RLJ sold the 78-room Residence Inn Merrillville, Indiana, on May 21, 2024 for a sales price of approximately $8.1 million. Harbor PPK is $8.1 million ÷ 78. Buyer unnamed. Not a Chicago Loop tape. RLJ’s later 10-K names this sale and Fairfield Inn Denver Cherry Creek with one dollar figure for the pair — Harbor will not subtract a Cherry Creek hotel price. Older than the 2025–26 blotter cut.
$8.1M
Cited consideration · 78 keys · $104k / key
RLJ 10-Q: approximately $8.1 million for the 78-room Residence Inn Merrillville. Interstate extended-stay — not a Chicago Loop PPK.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2024
Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2024 cited corpus2024 cited filings
Source
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2024
https://www.sec.gov/Archives/edgar/data/1511337/000151133724000025/R11.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.
$103,846 / key · 78 keys
$127,721 / key · Harbor defaults
Northwest Indiana · worksheet vs tape PPK
RLJ 10-Q: approximately $8.1 million for the 78-room Residence Inn Merrillville. Interstate extended-stay — not a Chicago Loop PPK.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2024
Historical cited · 2024 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.
Northwest Indiana · Upscale
78 keys · Merrillville · Residence Inn
Interstate extended-stay in Northwest Indiana. RLJ sold the 78-key house on May 21, 2024 for approximately $8.1 million (Q2 2024 10-Q). Buyer unnamed. Not a Chicago Loop tape. RLJ’s later 10-K names this sale and Denver Cherry Creek with one dollar figure for the pair — Harbor will not subtract a Cherry Creek price.