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Harborby Signalry

Public tape · 234 of 282 · 2015

LeaseholdSep 1, 2015Historical cited · 2015

Courtyard San Diego — Apple Hospitality acquisition

Apple acquired the existing 245-room Courtyard San Diego on September 1, 2015 for a $56.0 million gross purchase price. Harbor PPK is $56.0 million ÷ 245. Use the table price, not transaction costs. Seller unnamed. Table city is San Diego — Harbor will not invent a submarket. Not Pebblebrook’s 2021 Estancia La Jolla $108.0 million leasehold and not Braemar’s Hilton La Jolla Torrey Pines $165 million tape. The $254.8 million 2015 line is the sum of seven named 10-K prices. The Syracuse adjoining 2015 line stays combined. Older than the 2025–26 blotter cut.

$56.0M

Cited consideration · 245 keys · $229k / key

Apple 2015 10-K table: $56.0 million for the existing 245-room Courtyard San Diego. San Diego Courtyard — not a La Jolla leasehold PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed September 1)

Historical cited · 2015 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Deal FrameLiving packetLabeled estimateCompare this tape2015 cited corpus2015 cited filingsApple · 2015 filings

Keys at tape
245
Segment
Upscale
Market
San Diego
Buyer
Apple Hospitality REIT
Seller
—

Source

Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed September 1)

https://www.sec.gov/Archives/edgar/data/1418121/000118518516003772/ahr10k123115.htm

Estimate ↔ tape

The worksheet next to the filing

Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.

Tape
$56.0M

$228,571 / key · 245 keys

Worksheet
$54.6M

$222,788 / key · Harbor defaults

Gap
-3%

San Diego · worksheet vs tape PPK

Apple 2015 10-K table: $56.0 million for the existing 245-room Courtyard San Diego. San Diego Courtyard — not a La Jolla leasehold PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed September 1)

Historical cited · 2015 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

The house

Run the labeled estimate

Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.

San Diego · Upscale

Courtyard San Diego

245 keys · San Diego · Courtyard by Marriott

San Diego Courtyard. Apple bought the existing 245-key house on September 1, 2015 for $56.0 million (2015 10-K table). Seller unnamed. Table city is San Diego — Harbor will not invent a submarket. Not Estancia La Jolla $108.0 million leasehold, not Hilton La Jolla Torrey Pines $165 million, and not Sunstone’s 2021 Embassy Suites La Jolla $226.7 million / 340 sale. The $254.8 million 2015 line is the sum of seven named 10-K prices.

Same house or same market · 1

Related public tapes

Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.

Public filingOct 15, 2025

Residence Inn San Diego Sorrento Mesa — Ashford disposition

Residence Inn San Diego Sorrento Mesa · 150 keys · Upscale

Consideration

$42.0M

$280k / key

Ashford 8-K: $42 million in cash for the 150-room Residence Inn San Diego Sorrento Mesa. Sorrento Mesa extended-stay — not a La Jolla palace PPK.

Ashford Hospitality Trust Form 8-K, October 15, 2025 (closed October 15)

Ashford sold the 150-room Residence Inn San Diego Sorrento Mesa in San Diego, California on October 15, 2025 for $42 million in cash. Harbor PPK is $42 million ÷ 150. The same October 15, 2025 8-K names October 15, the 150 rooms, and that cash price. Use the $42 million hotel price, not the $41.4 million net-of-selling-expenses line. Buyer unnamed as a Harbor party — the 8-K names Lily, LP. Filing names San Diego — Harbor will not invent a Mira Mesa lock. Not Apple’s 2015 Courtyard San Diego $56.0 million / 245 tape.

Open the tape →FramePacketEstimateSan DiegoCompare