Harbor by Signalry · Buy / sell deskTape 99 of 282Cited price
Public tape · 99 of 282 · 2022
Aug 2, 2022Historical cited · 2022
Sofitel Philadelphia at Rittenhouse Square — Pebblebrook disposition
Pebblebrook closed the 306-room Sofitel Philadelphia at Rittenhouse Square on August 2, 2022 for $80.0 million to a third party. Harbor PPK is $80.0 million ÷ 306. Pebblebrook’s 10.0x / 8.6% 2019 lines are Pebblebrook’s narrative, not a second hotel price. Buyer unnamed. Harbor will not invent a split of Pebblebrook’s $183.9 million Q3 2022 proceeds line — each house already has its own named price. The $260.9 million 2022 year total stays combined. Older than the 2025–26 blotter cut.
$80.0M
Cited consideration · 306 keys · $261k / key
Pebblebrook 8-K: $80.0 million for the 306-room Sofitel Philadelphia at Rittenhouse Square. Center City luxury — not a slice of the Q3 2022 proceeds line.
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
$80.0M
$261,438 / key · 306 keys
Worksheet
$100.9M
$329,788 / key · Harbor defaults
Gap
+26%
Philadelphia · worksheet vs tape PPK
Pebblebrook 8-K: $80.0 million for the 306-room Sofitel Philadelphia at Rittenhouse Square. Center City luxury — not a slice of the Q3 2022 proceeds line.
Rittenhouse Square Sofitel. Pebblebrook closed the 306-key house on August 2, 2022 for $80.0 million (8-K). Buyer unnamed. Harbor will not invent a split of the $183.9 million Q3 2022 proceeds line or the $260.9 million 2022 year total.