Skip to content
Harborby Signalry

Public corpus · never invented

Only the tapes we can cite

News, press releases, and filings. Unknown stays unknown. Hotel-casino and sale-leaseback structures keep their footnotes. This is not a paid sales-comp service.

Compare two cited tapes →

Events
2
Cited prices
2
Unknown on purpose
0
News / press releaseNov 15, 2019

Bellagio real estate — sale-leaseback to Blackstone / GIC

Bellagio · 3933 keys · Luxury

Consideration

$4.25B

$1.1M / key

Sale-leaseback of real estate. MGM continued to operate under a long lease.

MGM Resorts announcement, 2019

MGM sold Bellagio real estate to Blackstone Real Estate and GIC and leased it back. This is a financing/real-estate structure, not a conventional going-concern hotel sale. Cap-rate comparisons to a boutique independent will mislead.

Open the tape →FramePacketEstimateLas VegasCompare

News / press releaseHost soldJan 9, 2019

Westin New York Grand Central — Host Hotels disposition

The Westin New York Grand Central · 774 keys · Upper upscale

Consideration

$302.0M

$390k / key

Host IR: $302 million including approximately $20 million of FF&E funds. PPK is not rooms-only.

Host Hotels & Resorts IR, January 10, 2019 (closed January 9)

Host closed the sale of the Westin New York Grand Central on January 9, 2019 for $302 million, including approximately $20 million of FF&E funds. Host’s release does not name the buyer or the key count. Trade press names 774 keys and Davidson Kempner. Upper-upscale Midtown box — not a Central Park luxury PPK.

Open the tape →FramePacketEstimateNew YorkCompare

Why is a price missing?
Harbor leaves consideration blank unless a filing or named press source states it. Combined PSAs stay combined.
What does filing vs news mean?
Filing is an 8-K, 10-Q, or Exhibit 99.1. News is a named IR or press release. Unknown is on purpose.

Public filing · News / press release · Consideration not disclosed

Machine index: /api/graph/transactions