📊 Topic

Cap rate and yield analysis

1 story · First covered Jun 24, 2026 · Latest 2h ago
Cap rate and yield analysis Coverage
Sunstone Sells Its 821-Key San Francisco Hyatt for $279M. Blackstone's Buying the Recovery Bet.

Sunstone Sells Its 821-Key San Francisco Hyatt for $279M. Blackstone's Buying the Recovery Bet.

Sunstone is calling $340,000 per key an "attractive private market value" for a lower-yielding asset it's owned for 13 years. The more interesting question is what Blackstone sees at a 3.5% cap rate that Sunstone decided wasn't worth waiting for.