---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-009665"
form_type: "8-K"
ticker: "SHO"
cik: "0001295810"
company_name: "Sunstone Hotel Investors, Inc."
filed_at: "2022-06-02T23:59:59+00:00"
generated_at: "2026-06-25T05:03:25.493031+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sunstone completes Miami acquisition; to buy remaining 25% of Hilton San Diego Bayfront for $102M

## Summary
- Completed $232M acquisition of 339-room Confidante Miami Beach; $60M repositioning to Andaz, expected 8-9% stabilized NOI yield.
- Agreed to acquire Park's 25% JV interest in Hilton San Diego Bayfront for $102M cash + $55M debt assumption; $628M implied value.
- Q2 2022 comparable hotel RevPAR down 4.6% vs 2019; ADR up 11.3%; occupancy down 1,240 bps; group pace down 15%.
- Repurchased 1.9M shares Apr-Jun at $11.01 avg; YTD 5.8M shares for $64.6M; $435.4M remaining under authorization.

## SEC filing metadata
- accession: 0001558370-22-009665
- form_type: 8-K
- ticker: SHO
- cik: 0001295810
- company_name: Sunstone Hotel Investors, Inc.
- filed_at: 2022-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295810/000155837022009665/0001558370-22-009665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295810/000155837022009665/sho-20220527x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-009665
- JSON: https://secwatch.observer/filing/0001558370-22-009665.json
- Plain text: https://secwatch.observer/filing/0001558370-22-009665.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.