Courtyard Westside

public_filing

Courtyard Westside — Hersha acquisition

$47,500,000 · $182,692/key

Hersha acquired the 260-room Marriott Courtyard Westside in Los Angeles in May 2011 for $47.5 million. Harbor uses the first of May rather than inventing a closing day. Harbor PPK is $47.5 million ÷ 260. Hersha rounded the same math to $182,500 per key. The same Exhibit 99.1 names May, the 260 rooms, and that hotel price. Use the $47.5 million hotel price, not the May 5, 2011 contract $47.0 million and not the 10-Q $47.148 million allocation. Seller unnamed. Filing names Los Angeles — Harbor will not invent a Culver City, Marina, or LAX lock. The May 5, 2011 paper’s Courtyard Westside line is a contract, not a close. Hotel Oceana stays off until a filing names keys with a hotel price. TownePlace Suites Sunnyvale stays off until one paper names a calendar month, a hotel price, and keys together. Parrot Key stays off until one paper names month, a hotel price, and keys together. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Hersha’s February 2010 Times Square Hampton, Candlewood, and Holiday Inn Express line stays combined. Holiday Inn Express 29th Street stays off as a remaining-interest buyout. The May 5, 2011 paper’s 32 Pearl Street $28.3 million line names a hotel price without keys. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2016 Ambrose Hotel $47.5 million / 77 tape, not Sunstone’s 2019 Courtyard Los Angeles $50 million / 187 tape, not Park’s 2019 Ace Hotel Downtown Los Angeles $117.0 million / 182 tape, and not Park’s 2022 Hilton Garden Inn LAX/El Segundo $37.5 million / 162 tape. Older than the 2025–26 blotter cut.