{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-003857","form_type":"8-K","ticker":"SHO","cik":"0001295810","company_name":"Sunstone Hotel Investors, Inc.","filed_at":"2022-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.816233+00:00","generated_at":"2026-06-26T21:55:37.556111+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sunstone sells two Chicago hotels for $129.5M, provides RevPAR recovery update, repurchases 3.2M shares","bullets":["Sold Embassy Suites Chicago and Hilton Garden Inn Chicago Downtown for $129.5M ($178k/key), 9.8x 2019 EBITDAre multiple.","Chicago hotels expected to generate Q1 2022 net loss of $3.1M-$3.6M before gain on sale.","12-hotel comparable portfolio RevPAR at 67% of 2019 levels through March 14; group pace down 17% for rest of 2022.","Repurchased 3.2M shares at avg $11.08 for $35.1M from March 8-16; $464.9M remaining under authorization.","CEO states exit from Chicago market due to excess supply; proceeds to be recycled into higher-growth investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-003857","json":"https://secwatch.observer/filing/0001558370-22-003857.json","markdown":"https://secwatch.observer/filing/0001558370-22-003857.md","text":"https://secwatch.observer/filing/0001558370-22-003857.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1295810/000155837022003857/0001558370-22-003857-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1295810/000155837022003857/sho-20220316x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T21:55:37.556111+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"}