public_filing
Hotel Teatro — RLJ acquisition
$35,500,000 · $322,727/key
RLJ acquired the 110-room Hotel Teatro in Denver on June 13, 2024 for a purchase price of $35.5 million. Harbor PPK is $35.5 million ÷ 110. Use the $35.5 million purchase price, not the $36.116 million recorded cost after capitalized transaction costs. Seller unnamed. The $125.0 million Wyndham Boston Beacon Hill line is a land purchase, not a hotel tape. RLJ’s $20.8 million 2024 sold-pair proceeds line stays combined. Not Xenia’s 2022 Kimpton Hotel Monaco Denver $69.8 million tape. Older than the 2025–26 blotter cut.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2024 (closed June 13)