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AC Hotel Boston Downtown — RLJ acquisition
$89,000,000 · $434,146/key
RLJ acquired the existing 205-room AC Hotel Boston Downtown on October 18, 2021 for an $89.0 million purchase price. Harbor PPK is $89.0 million ÷ 205. Use the table price, not transaction costs. Seller unnamed. Not Host’s Sheraton Boston $233 million tape, not Sunstone’s Park Plaza $370 million tape, and not Pebblebrook’s Onyx $58.3 million tape. The $198.25 million 2021 line is the sum of three named 10-K prices. Older than the 2025–26 blotter cut.
RLJ Lodging Trust Form 10-K for the year ended December 31, 2022 (closed October 18, 2021)