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Harborby Signalry

Midwest · secondary

Cleveland

University Circle, downtown, and airport inventory are three different files. Apple’s 2023 Courtyard Cleveland University Circle $31.0 million tape is a 154-key rooms-focused buy — not a Cincinnati river-city PPK and not a Chicago Loop box.

Hotels
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Cited prices
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Desks
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Hotels

Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.

Cleveland · Upscale

Courtyard Cleveland University Circle

154 keys · Cleveland · Courtyard by Marriott

University Circle Courtyard. Apple bought the existing 154-key house on June 30, 2023 for $31.0 million (2023 10-K table). Seller unnamed. Not a Cincinnati river-city PPK. Apple’s $289.75 million 2023 line is the sum of six named hotel prices plus a $9.14 million garage that is not a hotel tape.

Desks covering this market

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No public desk publishes coverage here. Harbor will not invent a book.

Public tape · 1 events

Transactions

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Morning blotterCompare tapes

Public filingApple boughtJun 30, 2023

Courtyard Cleveland University Circle — Apple Hospitality acquisition

Courtyard Cleveland University Circle · 154 keys · Upscale

Consideration

$31.0M

$201k / key

Apple 2023 10-K table: $31.0 million for the existing 154-room University Circle Courtyard. University Circle Courtyard — not a Cincinnati river-city PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2023 (closed June 30)

Apple acquired the existing 154-room Courtyard Cleveland University Circle on June 30, 2023 for a $31.0 million gross purchase price. Harbor PPK is $31.0 million ÷ 154. Apple rounded the same math to about $201,000 per key. Use the table price, not transaction costs. Seller unnamed. Not a Cincinnati river-city PPK. Apple’s $289.75 million 2023 line is the sum of six named hotel prices plus a $9.14 million garage that is not a hotel tape. Older than the 2025–26 blotter cut.

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