Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 238 of 282 · 2015
Apple acquired the existing 110-room Hampton Inn Cypress on June 29, 2015 for a $19.8 million gross purchase price. Harbor PPK is $19.8 million ÷ 110. That math is $180,000 per key. Use the table price, not transaction costs. Seller unnamed. Table city is Cypress — Harbor will not invent a Disneyland lock. Not Hotel Amarano Burbank $72.9 million, not SpringHill Suites Burbank $60.0 million, and not Courtyard Burbank $54.0 million. 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.
$19.8M
Cited consideration · 110 keys · $180k / key
Apple 2015 10-K table: $19.8 million for the existing 110-room Hampton Inn Cypress. Cypress Hampton — not a Burbank boutique PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed June 29)
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
Source
Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed June 29)
https://www.sec.gov/Archives/edgar/data/1418121/000118518516003772/ahr10k123115.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.
$180,000 / key · 110 keys
$171,211 / key · Harbor defaults
Orange County, California · worksheet vs tape PPK
Apple 2015 10-K table: $19.8 million for the existing 110-room Hampton Inn Cypress. Cypress Hampton — not a Burbank boutique PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed June 29)
Historical cited · 2015 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.
Orange County, California · Upper midscale
110 keys · Cypress · Hampton by Hilton
Cypress Hampton. Apple bought the existing 110-key house on June 29, 2015 for $19.8 million (2015 10-K table). Seller unnamed. Table city is Cypress — Harbor will not invent a Disneyland lock. Not Hotel Amarano Burbank $72.9 million and not the 2015 Burbank SpringHill or Courtyard tapes. The $254.8 million 2015 line is the sum of seven named 10-K prices.