Hotels only · No pay-to-rank · Advice first; verified when attested
Southeast · tertiary
River-city and Hamilton Place select-service. Do not import a Nashville Broadway or Atlanta Buckhead going-in cap.
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
Chattanooga · Upscale
76 keys · Chattanooga · Homewood Suites
Hamilton Place extended-stay. Apple sold the 76-key house on February 12, 2025 for approximately $8.3 million (FY2025 Exhibit 99.1; close day from Apple’s later sold table). Buyer unnamed. Not a Nashville Broadway PPK. Cedar Rapids stays off this row — that was a combined $16.1 million.
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Public tape · 1 events
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Homewood Suites by Hilton Chattanooga-Hamilton Place · 76 keys · Upscale
Consideration
$8.3M
$109k / key
Apple Exhibit 99.1: approximately $8.3 million for the 76-room Homewood Suites Chattanooga-Hamilton Place. Hamilton Place extended-stay — not a Nashville Broadway PPK.
Apple Hospitality REIT Exhibit 99.1, February 23, 2026 (close day from Apple’s later sold table)
Apple sold the 76-room Homewood Suites by Hilton Chattanooga-Hamilton Place in February 2025 for a gross sales price of approximately $8.3 million. Apple’s later sold table dates the close to February 12, 2025 — Harbor uses that day rather than inventing one. Harbor PPK is $8.3 million ÷ 76. Buyer unnamed. This is not a slice of the $73.3 million seven-hotel bucket. Cedar Rapids Hampton + Homewood stays off this row — Apple named only a combined $16.1 million.