Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 44 of 282 · 2024
Apple sold the 90-room Courtyard by Marriott Wichita East in November 2024 for a gross sales price of approximately $3.1 million. Apple’s later sold table dates the close to November 12, 2024. Harbor PPK is $3.1 million ÷ 90. Buyer unnamed. Not a Kansas City or Dallas tape. This is not a slice of the $63.4 million six-hotel bucket. Older than the 2025–26 blotter cut.
$3.1M
Cited consideration · 90 keys · $34k / key
Apple Exhibit 99.1: approximately $3.1 million for the 90-room Courtyard Wichita East. East-side select-service — not a Kansas City PPK.
Apple Hospitality REIT Exhibit 99.1, February 24, 2025 (close day from Apple’s later sold table)
Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2024 cited corpus2024 cited filingsApple · 2024 filings
Source
Apple Hospitality REIT Exhibit 99.1, February 24, 2025 (close day from Apple’s later sold table)
https://www.sec.gov/Archives/edgar/data/1418121/000095017025025637/aple-ex99_1.htmEstimate ↔ tape
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.
$34,444 / key · 90 keys
$123,716 / key · Harbor defaults
Wichita · worksheet vs tape PPK
Apple Exhibit 99.1: approximately $3.1 million for the 90-room Courtyard Wichita East. East-side select-service — not a Kansas City PPK.
Apple Hospitality REIT Exhibit 99.1, February 24, 2025 (close day from Apple’s later sold table)
Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
The house
Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.
Wichita · Upscale
90 keys · Wichita · Courtyard
East-side Wichita Courtyard. Apple sold the 90-key house on November 12, 2024 for approximately $3.1 million (FY2024 Exhibit 99.1; close day from Apple’s later sold table). Buyer unnamed. Not a Kansas City or Dallas tape. Do not blend this into the $63.4 million six-hotel bucket.