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Aloft Portland, Maine — Apple Hospitality acquisition
$51,150,000 · $325,796/key
Apple acquired the 157-room Aloft in Portland, Maine on September 10, 2021 for a $51.15 million gross purchase price. Harbor PPK is $51.15 million ÷ 157. Use the table price, not transaction costs. Seller unnamed. Not Portland, Oregon. The $147.9 million Maine + Greenville line is the sum of three named 10-Q prices. Apple’s 23-hotel $234.6 million 2021 sales line stays combined. Older than the 2025–26 blotter cut.
Apple Hospitality REIT Form 10-Q, quarter ended September 30, 2021 (closed September 10)