Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 177 of 282 · 2019
Apple acquired the existing 160-room Hampton Inn & Suites by Hilton Downtown St. Paul on March 4, 2019 for a $31.680 million gross purchase price. Harbor PPK is $31.680 million ÷ 160. Apple rounded the same math to about $198,000 per key. Use the table price, not the $31.7 million 8-K round. Seller unnamed. Not the Bloomington Homewood $13.8 million tape. The $59.291 million 2019 line is the sum of three named 10-K prices. Older than the 2025–26 blotter cut.
$31.7M
Cited consideration · 160 keys · $198k / key
Apple 2019 10-K table: $31.680 million for the existing 160-room Hampton Inn & Suites by Hilton Downtown St. Paul. Downtown St. Paul Hampton — not a Bloomington Homewood PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed March 4)
Historical cited · 2019 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2019 cited corpus2019 cited filingsApple · 2019 filings
Source
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed March 4)
https://www.sec.gov/Archives/edgar/data/1418121/000118518520000213/aple20191231_10k.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.
$198,000 / key · 160 keys
$180,939 / key · Harbor defaults
Minneapolis–Saint Paul · worksheet vs tape PPK
Apple 2019 10-K table: $31.680 million for the existing 160-room Hampton Inn & Suites by Hilton Downtown St. Paul. Downtown St. Paul Hampton — not a Bloomington Homewood PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed March 4)
Historical cited · 2019 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.
Minneapolis–Saint Paul · Upper midscale
160 keys · St. Paul · Hampton by Hilton
Downtown St. Paul Hampton. Apple bought the existing 160-key house on March 4, 2019 for $31.680 million (2019 10-K table). Seller unnamed. Not the Bloomington Homewood $13.8 million tape. The $59.291 million 2019 line is the sum of three named 10-K prices.