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Harborby Signalry

Mid-Atlantic · secondary

Northern Virginia

Fairfax, Tysons, and Dulles-corridor full-service and select-service. Sunstone’s 2018 Marriott Tysons Corner $87.5 million / 396 tape is a named Tysons sale — use that $87.5 million gross hotel price, not the $85.5 million net after FF&E reserve, and not a downtown DC Palomar or Liaison PPK. Hersha’s 2006 Residence Inn Tyson’s Corner $20.1 million / 96 tape is a named Tyson’s Corner Residence Inn — use that approximately $20.1 million hotel price, not the $9.6 million assumed-debt line. Filing names Tyson’s Corner — Harbor will not invent a Georgetown, downtown DC, Vienna, or McLean lock. Apple’s 2017 Marriott Fairfax $41.5 million / 316 tape is a named Fairfax sale — not that Tysons Marriott, not that Tyson’s Corner Residence Inn, not a downtown DC convention PPK, not Apple’s 2024 AC Hotel Washington DC Convention Center $116.804 million tape, and not Xenia’s Lorien Alexandria $30.0 million tape. The 2016 Chesapeake Marriott $9.9 million tape lives on its own market.

Hotels
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Graph events
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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.

Northern Virginia · Upper upscale

Marriott Fairfax

316 keys · Fairfax · Marriott

Fairfax Marriott. Apple sold the 316-key house on October 5, 2017 for a gross sales price of approximately $41.5 million (2017 10-K). Buyer unnamed. Use the $41.5 million sale price, not a net line. Not the 2016 Chesapeake Marriott $9.9 million tape, not a downtown DC convention PPK, and not Lorien Alexandria $30.0 million.

Northern Virginia · Upper upscale

Marriott Tysons Corner

396 keys · Tysons · Marriott

Tysons Corner Marriott. Sunstone sold the 396-key house in December 2018 for an $87.5 million gross sale price (Exhibit 99.1). Buyer unnamed. Harbor uses December 18 rather than inventing a different closing day. Use that hotel price, not the $85.5 million net after the hotel’s FF&E reserve. Filing names Tysons Corner — Harbor will not invent a Vienna or McLean lock. Not Apple’s 2017 Marriott Fairfax $41.5 million / 316 tape and not a downtown DC Palomar or Liaison PPK.

Northern Virginia · Upscale

Residence Inn Tyson's Corner

96 keys · Tysons Corner · Residence Inn

Tyson’s Corner Residence Inn. Hersha bought the 96-key house on February 2, 2006 for approximately $20.1 million (September 12, 2006 8-K). Seller unnamed. Filing names Tyson’s Corner, Virginia — Harbor will not invent a Georgetown, downtown DC, Vienna, or McLean lock. Use the approximately $20.1 million hotel price, not the $9.6 million assumed-debt line. The same 8-K’s Residence Inn Norwood $14.3 million / 96 tape, Holiday Inn Express Hauppauge $18.0 million / 133 tape, Hampton Inn Farmingville $21.5 million / 161 tape, and Courtyard Scranton $8.8 million / 120 tape are separately named singles already on the corpus. Not Sunstone’s 2018 Marriott Tysons Corner $87.5 million / 396 tape and not Apple’s 2017 Marriott Fairfax $41.5 million / 316 tape.

Desks covering this market

Public coverage lists, not a claimed book. Open a desk for the graph timeline.

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

Public tape · 1 events

Transactions

Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.

Morning blotterCompare tapes

Public filingApple soldOct 5, 2017

Marriott Fairfax — Apple Hospitality disposition

Marriott Fairfax · 316 keys · Upper upscale

Consideration

$41.5M

$131k / key

Apple 2017 10-K: approximately $41.5 million gross for the 316-room Marriott Fairfax. Fairfax Marriott — not a downtown DC convention PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2017 (sold October 5)

Apple sold the 316-room Marriott Fairfax on October 5, 2017 for a gross sales price of approximately $41.5 million. Harbor PPK is $41.5 million ÷ 316. The same 10-K names October 5, the 316 rooms, and that price. Use the $41.5 million sale price, not a net line. Buyer unnamed. Not the 2016 Chesapeake Marriott $9.9 million tape, not Apple’s 2024 AC Hotel Washington DC Convention Center $116.804 million tape, not DiamondRock’s Westin Washington D.C. City Center, and not Xenia’s Lorien Alexandria $30.0 million tape. The $161.770 million 2017 buy line stays off this sale tape. The Birmingham adjoining dual-brand 2017 line stays combined. Older than the 2025–26 blotter cut.

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