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Harborby Signalry

Public tape · 208 of 282 · 2017

Apr 20, 2017Historical cited · 2017

Hilton Dallas — Apple Hospitality disposition

Apple sold the 224-room Hilton Dallas on April 20, 2017 for a gross sales price of approximately $56.1 million. Harbor PPK is $56.1 million ÷ 224. The same 10-K names April 20, the 224 rooms, and that price. Use the $56.1 million sale price, not the $27.1 million assumed loan and not the gain. Buyer unnamed. Table city is Dallas — Harbor will not invent a downtown lock. Not Courtyard Fort Worth $18.034 million, not the 2021 Medical Center Garden Inn $29.5 million or Homewood $21.5 million tapes, and not Fairmont Dallas $111.0 million. The $161.770 million 2017 buy line is the sum of six named 10-K prices and stays off this sale tape. The Birmingham adjoining dual-brand 2017 line stays combined. Older than the 2025–26 blotter cut.

$56.1M

Cited consideration · 224 keys · $250k / key

Apple 2017 10-K: approximately $56.1 million gross for the 224-room Hilton Dallas. Dallas Hilton — not a Fort Worth Courtyard PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2017 (sold April 20)

Historical cited · 2017 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Deal FrameLiving packetLabeled estimateCompare this tape2017 cited corpus2017 cited filingsApple · 2017 filings

Keys at tape
224
Segment
Upper upscale
Buyer
—
Seller
Apple Hospitality REIT

Source

Apple Hospitality REIT Form 10-K for the year ended December 31, 2017 (sold April 20)

https://www.sec.gov/Archives/edgar/data/1418121/000118518518000290/applehospitality10k123117.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
$56.1M

$250,446 / key · 224 keys

Worksheet
$50.6M

$226,065 / key · Harbor defaults

Gap
-10%

Dallas–Fort Worth · worksheet vs tape PPK

Apple 2017 10-K: approximately $56.1 million gross for the 224-room Hilton Dallas. Dallas Hilton — not a Fort Worth Courtyard PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2017 (sold April 20)

Historical cited · 2017 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.

Dallas–Fort Worth · Upper upscale

Hilton Dallas

224 keys · Dallas · Hilton

Dallas Hilton. Apple sold the 224-key house on April 20, 2017 for a gross sales price of approximately $56.1 million (2017 10-K). Buyer unnamed. Use the $56.1 million sale price, not the $27.1 million assumed loan and not the gain. Table city is Dallas — Harbor will not invent a downtown lock. Not Courtyard Fort Worth $18.034 million, not the Medical Center Garden Inn or Homewood tapes, and not Fairmont Dallas $111.0 million.

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.