Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 53 of 282 · 2024
Apple sold the 82-room SpringHill Suites by Marriott Greensboro in May 2024 for a gross sales price of approximately $7.1 million. Apple’s later sold table dates the close to May 21, 2024. Harbor PPK is $7.1 million ÷ 82. Buyer unnamed. Not a Charlotte or Raleigh-Durham tape. Rogers Hampton + Homewood stays off this row — Apple named only a combined $33.5 million. Older than the 2025–26 blotter cut.
$7.1M
Cited consideration · 82 keys · $87k / key
Apple Exhibit 99.1: approximately $7.1 million for the 82-room SpringHill Suites Greensboro. Piedmont Triad select-service — not a Charlotte PPK.
Apple Hospitality REIT Exhibit 99.1, February 24, 2025 (close day from Apple’s later sold table)
Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2024 cited corpus2024 cited filingsApple · 2024 filings
Source
Apple Hospitality REIT Exhibit 99.1, February 24, 2025 (close day from Apple’s later sold table)
https://www.sec.gov/Archives/edgar/data/1418121/000095017025025637/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.
$86,585 / key · 82 keys
$141,627 / key · Harbor defaults
Greensboro · worksheet vs tape PPK
Apple Exhibit 99.1: approximately $7.1 million for the 82-room SpringHill Suites Greensboro. Piedmont Triad select-service — not a Charlotte PPK.
Apple Hospitality REIT Exhibit 99.1, February 24, 2025 (close day from Apple’s later sold table)
Historical cited · 2024 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.
Greensboro · Upscale
82 keys · Greensboro · SpringHill Suites
Piedmont Triad select-service. Apple sold the 82-key house on May 21, 2024 for approximately $7.1 million (FY2024 Exhibit 99.1; close day from Apple’s later sold table). Buyer unnamed. Not a Charlotte or Raleigh-Durham tape. Rogers Hampton + Homewood stays off this row — Apple named only a combined $33.5 million.