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Hilton Garden Inn Longview — Summit / GIC disposition
$12,300,000 · $100,820/key
Summit completed the sale of the 122-guestroom Hilton Garden Inn Longview, Texas, owned by its joint venture with GIC, on February 20, 2026 for $12.3 million. Harbor PPK is $12.3 million ÷ 122. Buyer unnamed. Summit’s cap-rate line after foregone capex is Summit’s narrative, not a second price. The Arlington South Courtyard + Residence Inn $19.0 million pair stays off this row — Summit named only a combined selling price.
Summit Hotel Properties Form 10-K subsequent events, filed February 25, 2026 (closed February 20)