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hotel · Harbor seed

Boston Park Plaza

How and who for the hotel job—verified when attested.

Boston, MA, United States
Abstract cove wash in stone and sea. Not a property photograph.
Abstract still. A cove, not an inventory. Generated atmosphere — never a claimed property photo.
Stars
—
Rooms
1060
Brand
Hilton (Park Plaza)
Sources
harbor-desk

Downtown historic Park Plaza. Sunstone sold the 1,060-key house on October 26, 2023 for a contractual gross $370.0 million (Q3 2023 Exhibit 99.1). Use the $370.0 million sale price, not the $364.5 million net proceeds. Buyer unnamed. Not a Billerica interstate Homewood.

Mandarin Oriental BostonThe BoxerHotel CommonwealthInterContinental BostonBradford HotelCrawford House (Boston, Massachusetts)American House

Pins = houses

7 mapped · © OpenStreetMap ODbL · Wikidata CC0 · Browse slice · Open OSM

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Chain

City peers

Nearby

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Asserted by

Buy / sell neighborhood

Public-news or clearly labeled demo. Harbor does not treat these prices as verified outcomes. Confidential consideration stays blank.

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
$370.0M

$349,057 / key · 1060 keys

Worksheet
$524.2M

$494,516 / key · Harbor defaults

Gap
+42%

Boston · worksheet vs tape PPK

Sunstone Exhibit 99.1: $370.0 million contractual gross for the 1,060-room Boston Park Plaza. Downtown historic box — not a Billerica interstate PPK.

Public filingHistorical cited · 2023Sunstone sold · 20231060 keys

Sunstone Hotel Investors Exhibit 99.1, third quarter 2023 (closed October 26)

Historical cited · 2023 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

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public_filing

Boston Park Plaza — Sunstone disposition

$370,000,000 · $349,057/key

Sunstone sold the 1,060-room Boston Park Plaza on October 26, 2023 for a contractual gross sale price of $370.0 million, or approximately $350,000 per key as Sunstone rounded it. Harbor PPK is $370.0 million ÷ 1,060. Use the $370.0 million sale price, not the $364.5 million net proceeds. Sunstone’s 12.1x / 7.1% TTM lines and the later 14.1x / 6.1% lines inclusive of near-term capex are Sunstone’s narrative, not a second hotel price. The $123.8 million gain is Sunstone’s accounting. Buyer unnamed. Not Chatham’s Billerica Homewood $17.4 million tape. Older than the 2025–26 blotter cut.

Sunstone Hotel Investors Exhibit 99.1, third quarter 2023 (closed October 26)

Scored public tapes

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Harbor stack-fit

This house is not pinned to a Harbor job yet. Open the catalog, or the investment desk if the work is a sale file. Harbor will not invent a job.

Jobs

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Providers

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Job catalogVerified outcomeSit a pilotBuy / sell desk