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Hilton New Orleans St. Charles — Sunstone disposition
$47,000,000 · $186,508/key
Sunstone’s Q2 2025 release dates the close to June 5, 2025 at a contractual $47.0 million, or about $187,000 per key. Harbor PPK is $47 million ÷ 252. Sunstone’s 10.1x / 8.7% lines and the 13.4x / 6.6% after estimated near-term capex are Sunstone’s narrative, not a second price. Insurance and flood belong next to any number you type yourself.
Sunstone Hotel Investors IR / PR Newswire, June 9, 2025 (Q2 close dated June 5)