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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.

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Events
17
Cited prices
17
Unknown on purpose
0
Public filingPark soldDec 1, 2019

Ace Hotel Downtown Los Angeles — Park disposition

Ace Hotel Downtown Los Angeles · 182 keys · Independent / boutique

Consideration

$117.0M

$643k / key

Park Q2 2020 supplemental sold table: $117.0 million gross for the 182-room Ace Hotel Downtown Los Angeles. Downtown adaptive reuse — not a West Hollywood hillside PPK.

Park Hotels & Resorts Q2 2020 supplemental, Properties Sold table (December 2019 close; day unnamed)

Park sold the 182-room Ace Hotel Downtown Los Angeles in December 2019 for $117.0 million gross proceeds. Harbor uses the first of December rather than inventing a closing day. Harbor PPK is $117.0 million ÷ 182. Park rounded the same math to $643,000 per key. Buyer unnamed. Filing names Los Angeles — Harbor will not invent a Hollywood lock. Not Sunstone’s 2019 Courtyard Los Angeles $50 million / 187 tape and not Hilton Checkers Los Angeles. Hilton New Orleans Airport plus Embassy Suites Parsippany stay combined. Adagio and Le Meridien San Francisco stay off. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateLos AngelesCompare

Public filingPark soldDec 1, 2019

Le Meridien New Orleans — Park disposition

Le Meridien New Orleans · 410 keys · Upper upscale

Consideration

$84.0M

$205k / key

Park Q2 2020 supplemental sold table: $84.0 million gross for the 410-room Le Meridien New Orleans. CBD Le Meridien — not a French Quarter W PPK and not the San Francisco Adagio / Le Meridien stay-off.

Park Hotels & Resorts Q2 2020 supplemental, Properties Sold table (December 2019 close; day unnamed)

Park sold the 410-room Le Meridien New Orleans in December 2019 for $84.0 million gross proceeds. Harbor uses the first of December rather than inventing a closing day. Harbor PPK is $84.0 million ÷ 410. Park rounded the same math to $205,000 per key. Buyer unnamed. Not Park’s 2021 W New Orleans – French Quarter $24 million / 97 tape and not the St. Charles Hilton $47 million tape. Adagio and Le Meridien San Francisco stay off — those papers do not name a single-hotel price and keys together. Hilton New Orleans Airport plus Embassy Suites Parsippany stay combined. Hilton São Paulo Morumbi stays off this row. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateNew OrleansCompare

Public filingNov 22, 2019

Topaz Hotel — Pebblebrook disposition

Topaz Hotel · 99 keys · Upscale

Consideration

$33.1M

$334k / key

Pebblebrook 8-K Exhibit 99.1: $33.1 million for the 99-room Topaz Hotel in Washington, D.C. Dupont Circle boutique — not a Palomar PPK and not a Lafayette Square slice.

Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, November 25, 2019 (closed November 22)

Pebblebrook closed the 99-room Topaz Hotel in Washington, D.C. on November 22, 2019 for $33.1 million to a third party. Harbor PPK is $33.1 million ÷ 99. Buyer unnamed. Pebblebrook’s 19.5x / 4.4% 2018 lines are Pebblebrook’s narrative, not a second hotel price. Not Hotel Madera $23.3 million, not Hotel Palomar Washington $141.5 million, not Liaison Capitol Hill $111.0 million, not Rouge $42.0 million, and not a slice of the $331.0 million InterContinental Buckhead + Sofitel Lafayette Square line. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateWashington, D.C.Compare

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

Public filingSunstone soldOct 23, 2019

Courtyard Los Angeles — Sunstone leasehold disposition

Courtyard Los Angeles · 187 keys · Upscale

Consideration

$50.0M

$267k / key

Sunstone Exhibit 99.1: $50 million gross for the leasehold interest in the 187-room Courtyard by Marriott Los Angeles. Leasehold — not a fee downtown PPK.

Sunstone Hotel Investors Exhibit 99.1, November 4, 2019 (sold October 23)

Sunstone sold the leasehold interest in the 187-room Courtyard by Marriott Los Angeles on October 23, 2019 for a gross sale price of $50 million. Harbor PPK is $50 million ÷ 187 and is a leasehold number — do not apply it as a fee-simple Los Angeles rooms deed. The same Exhibit 99.1 names October 23, the 187 rooms, and that hotel price. Use the $50 million hotel price, not Sunstone’s $267,000/key rounding. Buyer unnamed. Filing names Los Angeles — Harbor will not invent a downtown or LAX lock. Sunstone’s 13.8x / 6.2% trailing lines are Sunstone’s narrative, not a second hotel price. Not Park’s 2022 Hilton Garden Inn LAX/El Segundo $37.5 million / 162 tape and not Hilton Checkers Los Angeles. Renaissance Harborplace and Renaissance Los Angeles Airport stay off until a filing names month, price, and keys together. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateLos AngelesCompare

Public filingApple boughtOct 9, 2019

The Berkeley Hotel — Apple Hospitality acquisition

The Berkeley Hotel · 55 keys · Independent / boutique

Consideration

$6.9M

$125k / key

Apple 2019 10-K table: $6.875 million for the existing 55-room Berkeley Hotel. Richmond independent — not a DC boutique PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed October 9)

Apple acquired the existing 55-room Berkeley Hotel on October 9, 2019 for a $6.875 million gross purchase price. Harbor PPK is $6.875 million ÷ 55. Apple rounded the same math to about $125,000 per key. Use the table price, not the $7 million 8-K round. Seller unnamed. Stay independent — Harbor will not invent a later conversion brand. Not a DC boutique PPK. The $59.291 million 2019 line is the sum of three named 10-K prices. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateRichmondCompare

Public filingSep 26, 2019

Hotel Madera — Pebblebrook disposition

Hotel Madera · 82 keys · Upscale

Consideration

$23.3M

$284k / key

Pebblebrook 8-K: $23.3 million for the 82-room Hotel Madera in Washington, D.C. Dupont Circle boutique — not a Palomar PPK and not a Lafayette Square slice.

Pebblebrook Hotel Trust Form 8-K, September 26, 2019 (closed September 26)

Pebblebrook closed the 82-room Hotel Madera in Washington, D.C. on September 26, 2019 for $23.3 million to an unaffiliated third party. Harbor PPK is $23.3 million ÷ 82. Rooms sit with that named price in the same 8-K. Use the $23.3 million 8-K price, not a later $23.25 million table round. Buyer unnamed — Harbor will not invent a desk from trade press. Pebblebrook’s 14.3x / 5.7% 2018 lines are Pebblebrook’s narrative, not a second hotel price. Not Rouge $42.0 million, not Topaz $33.1 million, not Hotel Palomar Washington $141.5 million, not Liaison Capitol Hill $111.0 million, and not a slice of the $331.0 million InterContinental Buckhead + Sofitel Lafayette Square line. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateWashington, D.C.Compare

Public filingSep 12, 2019

Rouge Hotel — Pebblebrook disposition

Rouge Hotel · 137 keys · Upscale

Consideration

$42.0M

$307k / key

Pebblebrook 8-K: $42.0 million for the 137-room Rouge Hotel in Washington, D.C. Dupont Circle boutique — not a Palomar PPK and not a Lafayette Square slice.

Pebblebrook Hotel Trust Form 8-K, September 12, 2019 (press dated September 12)

Pebblebrook closed the 137-room Rouge Hotel in Washington, D.C. on September 12, 2019 for $42.0 million to a third party. Harbor PPK is $42.0 million ÷ 137. Buyer unnamed. Pebblebrook’s 17.4x / 5.0% 2018 lines are Pebblebrook’s narrative, not a second hotel price. Not Hotel Madera $23.3 million, not Hotel Palomar Washington $141.5 million, not Liaison Capitol Hill $111.0 million, not Topaz $33.1 million, and not a slice of the $331.0 million InterContinental Buckhead + Sofitel Lafayette Square line. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateWashington, D.C.Compare

Public filingJul 16, 2019

Hotel Amarano Burbank — Pebblebrook disposition

Hotel Amarano Burbank · 132 keys · Upscale

Consideration

$72.9M

$552k / key

Pebblebrook 8-K Exhibit 99.1: $72.9 million for the 132-room Hotel Amarano Burbank. Media District boutique — not a Sunset trophy PPK.

Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, July 16, 2019

Pebblebrook closed the 132-room Hotel Amarano Burbank on July 16, 2019 for $72.9 million. Harbor PPK is $72.9 million ÷ 132. Buyer unnamed — Harbor will not invent a desk from trade press. Pebblebrook’s 15.8x / 5.7% 2018 lines — adjusted in the exhibit for California Proposition 13 — are Pebblebrook’s narrative, not a second hotel price. Not Park’s 2025 Checkers $13 million downtown tape and not a West Hollywood hillside PPK. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateLos AngelesCompare

Public filingMay 29, 2019

Onyx Hotel — Pebblebrook disposition

Onyx Hotel · 112 keys · Upscale

Consideration

$58.3M

$521k / key

Pebblebrook 8-K Exhibit 99.1: $58.3 million for the 112-room Onyx Hotel in Boston. Downtown boutique — not a Sheraton Boston PPK and not a Park Plaza PPK.

Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, May 30, 2019 (closed May 29)

Pebblebrook closed the 112-room Onyx Hotel in Boston on May 29, 2019 for $58.3 million to an unaffiliated third party. Harbor PPK is $58.3 million ÷ 112. Buyer unnamed. Pebblebrook’s 15.3x / 5.9% 2018 lines are Pebblebrook’s narrative, not a second hotel price. Not Host’s 2022 Sheraton Boston $233 million tape and not Sunstone’s 2023 Park Plaza $370 million tape. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateBostonCompare

Public filingApple boughtMar 19, 2019

Home2 Suites by Hilton Orlando Airport — Apple Hospitality acquisition

Home2 Suites by Hilton Orlando Airport · 128 keys · Upper midscale

Consideration

$20.7M

$162k / key

Apple 2019 10-K table: $20.736 million for the 128-room Home2 Suites by Hilton Orlando Airport. Airport Home2 — not a 2024 Orlando Homewood PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed March 19)

Apple acquired the 128-room Home2 Suites by Hilton Orlando Airport on March 19, 2019 for a $20.736 million gross purchase price. Harbor PPK is $20.736 million ÷ 128. Apple rounded the same math to about $162,000 per key. Use the table price, not the $20.7 million 8-K round. Seller unnamed. Not the 2024 Orlando Homewood $15.5 million tape and not Xenia’s Bohemian Celebration $27.8 million tape. The $59.291 million 2019 line is the sum of three named 10-K prices. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateOrlandoCompare

Public filingApple boughtMar 4, 2019

Hampton Inn & Suites by Hilton Downtown St. Paul — Apple Hospitality acquisition

Hampton Inn & Suites by Hilton Downtown St. Paul · 160 keys · Upper midscale

Consideration

$31.7M

$198k / key

Apple 2019 10-K table: $31.680 million for the existing 160-room Hampton Inn & Suites by Hilton Downtown St. Paul. Downtown St. Paul Hampton — not a Bloomington Homewood PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed March 4)

Apple acquired the existing 160-room Hampton Inn & Suites by Hilton Downtown St. Paul on March 4, 2019 for a $31.680 million gross purchase price. Harbor PPK is $31.680 million ÷ 160. Apple rounded the same math to about $198,000 per key. Use the table price, not the $31.7 million 8-K round. Seller unnamed. Not the Bloomington Homewood $13.8 million tape. The $59.291 million 2019 line is the sum of three named 10-K prices. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateMinneapolis–Saint PaulCompare

Public filingFeb 22, 2019

Hotel Palomar Washington, DC — Pebblebrook disposition

Hotel Palomar Washington, DC · 335 keys · Upper upscale

Consideration

$141.5M

$422k / key

Pebblebrook 8-K Exhibit 99.1: $141.5 million for the 335-room Hotel Palomar Washington, DC. Downtown Kimpton — not a Liaison PPK and not a Lafayette Square slice.

Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, February 25, 2019 (closed February 22)

Pebblebrook closed the 335-room Hotel Palomar Washington, DC on February 22, 2019 for $141.5 million. Harbor PPK is $141.5 million ÷ 335. Buyer unnamed. Pebblebrook’s 14.9x / 5.9% 2018 lines are Pebblebrook’s narrative, not a second hotel price. The $252.5 million Palomar + Liaison proceeds line is the sum of two named 8-K prices — Harbor did not invent a split. Not Hotel Madera $23.3 million, not Liaison Capitol Hill $111.0 million, not Rouge $42.0 million, not Topaz $33.1 million, and not a slice of the $331.0 million InterContinental Buckhead + Sofitel Lafayette Square line. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateWashington, D.C.Compare

Public filingHost boughtFeb 14, 2019

1 Hotel South Beach — Host Hotels acquisition

1 Hotel South Beach · 429 keys · Luxury

Consideration

$610.0M

$1.4M / key

Host 8-K: aggregate consideration of approximately $610 million, including OP units. 429 keys as Host disclosed. Not a later recap.

Host Hotels & Resorts Form 8-K, February 19, 2019 (closed February 14)

On February 14, 2019 Host LP acquired the entity that owns 1 Hotel South Beach for approximately $610 million, including Class A and Class G OP units. Host IR names 429 keys. Trade press names Starwood Capital / Lefrak as sellers and Hodges Ward Elliott as seller broker. Lifestyle beachfront — not a limited-service Miami PPK. Desk hotel inventory is 426 keys; this tape uses Host’s 429.

Open the tape →FramePacketEstimateMiami / South BeachCompare

Public filingFeb 14, 2019

The Liaison Capitol Hill — Pebblebrook disposition

The Liaison Capitol Hill · 343 keys · Upper upscale

Consideration

$111.0M

$324k / key

Pebblebrook 8-K Exhibit 99.1: $111.0 million for the 343-room Liaison Capitol Hill. Capitol Hill box — not Fairmont Dallas $111.0 million and not a Lafayette Square slice.

Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, February 14, 2019

Pebblebrook closed the 343-room Liaison Capitol Hill in Washington, D.C. on February 14, 2019 for $111.0 million. Harbor PPK is $111.0 million ÷ 343. Buyer unnamed. Pebblebrook’s 16.9x / 4.9% 2018 lines are Pebblebrook’s narrative, not a second hotel price. Not Hotel Madera $23.3 million, not Xenia’s Fairmont Dallas $111.0 million tape, not Hotel Palomar Washington $141.5 million, not Topaz $33.1 million, and not a slice of the $331.0 million InterContinental Buckhead + Sofitel Lafayette Square line. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateWashington, D.C.Compare

Public filingPark soldFeb 1, 2019

Pointe Hilton Squaw Peak Resort — Park disposition

Pointe Hilton Squaw Peak Resort · 563 keys · Upper upscale

Consideration

$51.4M

$91k / key

Park Q2 2020 supplemental sold table: $51.4 million gross for the 563-room Pointe Hilton Squaw Peak Resort. Phoenix resort — not an Arizona Biltmore palace PPK.

Park Hotels & Resorts Q2 2020 supplemental, Properties Sold table (February 2019 close; day unnamed)

Park sold the 563-room Pointe Hilton Squaw Peak Resort in February 2019 for $51.4 million gross proceeds. Harbor uses the first of February rather than inventing a closing day. Harbor PPK is $51.4 million ÷ 563. Buyer unnamed. Filing names Phoenix — Harbor will not invent a Scottsdale lock. Not the Arizona Biltmore $705 million tape and not Apple’s 2018 Hampton Inn & Suites Phoenix North Central $44.3 million / 210 tape. Hilton New Orleans Airport plus Embassy Suites Parsippany stay combined. Adagio and Le Meridien San Francisco stay off. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimatePhoenix / ScottsdaleCompare

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