{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-076640","form_type":"8-K","ticker":"SHO","cik":"0001295810","company_name":"Sunstone Hotel Investors, Inc.","filed_at":"2026-06-23T11:35:39+00:00","discovered_at":"2026-06-23T11:40:00.314702+00:00","generated_at":"2026-06-23T11:40:44.713644+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sunstone Hotel sells Hyatt Regency San Francisco to Blackstone for $279M, repurchases $70M stock","bullets":["Gross sale price $279M for 821-room Hyatt Regency SF ($340K/key); implied 21.4x EBITDAre, 3.5% cap rate.","Deployed ~$70M of proceeds into buybacks: 4.4M common at $9.24 avg ($40.5M), 1.4M preferred at $20.37 avg ($27.8M).","Transaction expected to close late July/early August 2026; further details in Q2 earnings release.","CEO cites strategy to recycle capital into higher risk-adjusted returns; remaining proceeds to be deployed."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-076640","json":"https://secwatch.observer/filing/0001104659-26-076640.json","markdown":"https://secwatch.observer/filing/0001104659-26-076640.md","text":"https://secwatch.observer/filing/0001104659-26-076640.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1295810/000110465926076640/0001104659-26-076640-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1295810/000110465926076640/sho-20260623x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T11:40:44.713644+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}