Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 36 of 282 · 2025
Apple sold the 76-room Homewood Suites by Hilton Chattanooga-Hamilton Place in February 2025 for a gross sales price of approximately $8.3 million. Apple’s later sold table dates the close to February 12, 2025 — Harbor uses that day rather than inventing one. Harbor PPK is $8.3 million ÷ 76. Buyer unnamed. This is not a slice of the $73.3 million seven-hotel bucket. Cedar Rapids Hampton + Homewood stays off this row — Apple named only a combined $16.1 million.
$8.3M
Cited consideration · 76 keys · $109k / key
Apple Exhibit 99.1: approximately $8.3 million for the 76-room Homewood Suites Chattanooga-Hamilton Place. Hamilton Place extended-stay — not a Nashville Broadway PPK.
Apple Hospitality REIT Exhibit 99.1, February 23, 2026 (close day from Apple’s later sold table)
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tapeMorning blotterSelect blotterFilings blotterApple blotter
Source
Apple Hospitality REIT Exhibit 99.1, February 23, 2026 (close day from Apple’s later sold table)
https://www.sec.gov/Archives/edgar/data/1418121/000119312526064006/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.
$109,211 / key · 76 keys
$151,755 / key · Harbor defaults
Chattanooga · worksheet vs tape PPK
Apple Exhibit 99.1: approximately $8.3 million for the 76-room Homewood Suites Chattanooga-Hamilton Place. Hamilton Place extended-stay — not a Nashville Broadway PPK.
Apple Hospitality REIT Exhibit 99.1, February 23, 2026 (close day from Apple’s later sold table)
Morning blotter · 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.
Chattanooga · Upscale
76 keys · Chattanooga · Homewood Suites
Hamilton Place extended-stay. Apple sold the 76-key house on February 12, 2025 for approximately $8.3 million (FY2025 Exhibit 99.1; close day from Apple’s later sold table). Buyer unnamed. Not a Nashville Broadway PPK. Cedar Rapids stays off this row — that was a combined $16.1 million.