Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 176 of 282 · 2019
Apple acquired the 128-room Home2 Suites by Hilton Orlando Airport on March 19, 2019 for a $20.736 million gross purchase price. Harbor PPK is $20.736 million ÷ 128. Apple rounded the same math to about $162,000 per key. Use the table price, not the $20.7 million 8-K round. Seller unnamed. Not the 2024 Orlando Homewood $15.5 million tape and not Xenia’s Bohemian Celebration $27.8 million tape. The $59.291 million 2019 line is the sum of three named 10-K prices. Older than the 2025–26 blotter cut.
$20.7M
Cited consideration · 128 keys · $162k / key
Apple 2019 10-K table: $20.736 million for the 128-room Home2 Suites by Hilton Orlando Airport. Airport Home2 — not a 2024 Orlando Homewood PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed March 19)
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 19)
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.
$162,000 / key · 128 keys
$161,935 / key · Harbor defaults
Orlando · worksheet vs tape PPK
Apple 2019 10-K table: $20.736 million for the 128-room Home2 Suites by Hilton Orlando Airport. Airport Home2 — not a 2024 Orlando Homewood PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed March 19)
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.
Orlando · Upper midscale
128 keys · Orlando · Home2 Suites
Orlando Airport Home2. Apple bought the newly built 128-key house on March 19, 2019 for $20.736 million (2019 10-K table). Seller unnamed. Not the 2024 Orlando Homewood $15.5 million tape and not Xenia’s Bohemian Celebration $27.8 million tape. The $59.291 million 2019 line is the sum of three named 10-K prices.