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Residence Inn Austin Northwest/The Domain Area — Chatham Lodging acquisition
$37,000,000 · $280,303/key
Chatham acquired the existing 132-room Residence Inn Austin Northwest/The Domain Area on August 3, 2021 for a $37.0 million purchase price. Harbor PPK is $37.0 million ÷ 132. Chatham’s table rounds the same math to $280,000 per key. Seller unnamed. Rooms sit with that named price in the 2021 10-K hotel table. Not the downtown Convention Center Residence Inn and not Apple’s Austin North Garden Inn $10.4 million tape. The $71.3 million Domain line is the sum of two named 10-K prices. Older than the 2025–26 blotter cut.
Chatham Lodging Trust Form 10-K for the year ended December 31, 2021 (closed August 3)