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Harborby Signalry

Public tape · 111 of 282 · 2022

Apr 1, 2022Historical cited · 2022

YVE Hotel Miami — Host disposition

Host sold YVE Hotel Miami in April 2022 for $50 million, including $1 million of FF&E funds Host retained. Harbor uses the first of April rather than inventing a closing day. Harbor PPK is $50 million ÷ 242 from Host’s 2014 IR on the same house — the sale 10-Q does not restate keys. Use the $50 million sale price, not the $1 million FF&E Host kept. Buyer unnamed in Host’s filing. Not a South Beach luxury tape, not Host’s 2014 $57.5 million buy of the same house as b2, and not Sunstone’s 2022 Confidante Miami Beach $232.0 million / 339 tape. Older than the 2025–26 blotter cut.

$50.0M

Cited consideration · 242 keys · $207k / key

Host 10-Q: $50 million for YVE Hotel Miami, including $1 million of FF&E funds Host retained. April 2022; day-of-month not named. Keys (242) from Host’s 2014 IR. Downtown Biscayne — not a South Beach PPK.

Host Hotels & Resorts Form 10-Q, quarter ended March 31, 2022 (April close; day unnamed; keys: Host 2014 IR 242-room)

Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Deal FrameLiving packetLabeled estimateCompare this tape2022 cited corpus2022 cited filingsHost · 2022 filings

Keys at tape
242
Segment
Upscale
Buyer
—
Seller
Host Hotels & Resorts

Source

Host Hotels & Resorts Form 10-Q, quarter ended March 31, 2022 (April close; day unnamed; keys: Host 2014 IR 242-room)

https://www.sec.gov/Archives/edgar/data/1070750/000095017022008085/hst-20220331.htm

Estimate ↔ tape

The worksheet next to the filing

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
$50.0M

$206,612 / key · 242 keys

Worksheet
$66.8M

$275,915 / key · Harbor defaults

Gap
+34%

Miami / South Beach · worksheet vs tape PPK

Host 10-Q: $50 million for YVE Hotel Miami, including $1 million of FF&E funds Host retained. April 2022; day-of-month not named. Keys (242) from Host’s 2014 IR. Downtown Biscayne — not a South Beach PPK.

Host Hotels & Resorts Form 10-Q, quarter ended March 31, 2022 (April close; day unnamed; keys: Host 2014 IR 242-room)

Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

The house

Run the labeled estimate

Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.

Miami / South Beach · Upscale

YVE Hotel Miami

242 keys · Miami · YVE (independent)

Downtown Biscayne house. Host bought it as the b2 miami downtown hotel in August 2014 for $57.5 million (Host IR). Host sold YVE in April 2022 for $50 million (Q1 2022 10-Q; day unnamed). Keys (242) from Host’s 2014 IR — the sale 10-Q does not restate keys. Use the $50 million sale price, not the $1 million FF&E Host retained. Buyer unnamed. Not a South Beach luxury tape and not Sunstone’s 2022 Confidante Miami Beach $232.0 million / 339 tape.

Same house or same market · 1

Related public tapes

Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.

News / press releaseHost boughtAug 1, 2014

b2 / YVE Hotel Miami — Host Hotels acquisition

YVE Hotel Miami · 242 keys · Upscale

Consideration

$57.5M

$238k / key

Host IR: $57.5 million for the 242-room fee-simple b2 miami downtown hotel. Later rebranded YVE.

Host Hotels & Resorts IR / PR Newswire, October 6, 2014 (closed August 2014)

Host announced it acquired the 242-room fee-simple b2 miami downtown hotel for $57.5 million. Subsequent Host materials date the close to August 2014 and the later YVE identity. Downtown Biscayne independent — not a South Beach luxury tape. Day-of-month not named in the release; Harbor uses the first of August rather than inventing a closing day.

Open the tape →FramePacketEstimateMiami / South BeachCompare