Divestiture/carve-outJun 23, 2026Pending
🇺🇸 United States
HRHyatt Regency San FranciscoBRBlackstone Real Estate
Real Estate › REITs
Enterprise value$279MEnterprise value
AnnouncedJun 23, 2026
ConsiderationCash
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Sunstone Hotel Investors entered into a definitive agreement to sell the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for a gross sale price of $279 million.
Deal rationale
Sunstone is selling a lower-yielding asset at an attractive private market value and recycling the proceeds into more accretive options, including stock repurchases.
AI-generated from the SEC filingPendingReal Estate › REITsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $279M | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
None listed
Sell-side
JPJ.P. Morgan
Parties
Target
HRHyatt Regency San Francisco
- Headquarters
- United States
- Ticker
- —
Acquirer
BRBlackstone Real Estate
- Headquarters
- United States
- Ticker
- —