Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 188 of 282 · 2018
Apple acquired the existing 127-room Hyatt Place Jacksonville on December 7, 2018 for a $15.4 million gross purchase price. Harbor PPK is $15.4 million ÷ 127. Use the table price, not transaction costs. Seller unnamed. Harbor will not invent a submarket the table does not name. Not a South Beach PPK. The $152.2 million 2018 line is the sum of five named 10-K prices. Older than the 2025–26 blotter cut.
$15.4M
Cited consideration · 127 keys · $121k / key
Apple 2019 10-K table: $15.4 million for the existing 127-room Hyatt Place Jacksonville. Jacksonville Hyatt Place — not a South Beach PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed December 7, 2018)
Historical cited · 2018 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2018 cited corpus2018 cited filingsApple · 2018 filings
Source
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed December 7, 2018)
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.
$121,260 / key · 127 keys
$169,431 / key · Harbor defaults
Jacksonville · worksheet vs tape PPK
Apple 2019 10-K table: $15.4 million for the existing 127-room Hyatt Place Jacksonville. Jacksonville Hyatt Place — not a South Beach PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed December 7, 2018)
Historical cited · 2018 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.
Jacksonville · Upscale
127 keys · Jacksonville · Hyatt Place
Jacksonville Hyatt Place. Apple bought the existing 127-key house on December 7, 2018 for $15.4 million (2019 10-K table). Seller unnamed. Harbor will not invent a submarket the table does not name. Not a South Beach PPK. The $152.2 million 2018 line is the sum of five named 10-K prices.