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Hotel Van Zandt — Host Hotels acquisition
$246,000,000 · $771,160/key
Host acquired the 319-room Hotel Van Zandt for a $246 million purchase price, including $4 million FF&E replacement funds. Harbor PPK is $246 million ÷ 319. Use the $246 million 10-K price, not the $139 million cash and not the $102 million assumed loan — those are funding, not a second hotel price. The 10-K names the year; the cash-flow table groups the Alida buy in December 2021. Harbor uses the first of December rather than inventing a Van Zandt closing day. Seller unnamed. Not Host’s Hyatt Regency Austin $161 million / 448 tape, not Chatham’s Domain Residence Inn $37.0 million or TownePlace $34.3 million tapes, and not Apple’s Austin North Garden Inn $10.4 million tape. Host’s $1.6 billion 2021 acquisition line stays off this tape. Older than the 2025–26 blotter cut.
Host Hotels & Resorts Form 10-K for the year ended December 31, 2021