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Courtyard Fort Worth — Apple Hospitality acquisition
$18,034,000 · $145,435/key
Apple acquired the new 124-room Courtyard Fort Worth on February 2, 2017 for an $18.034 million gross purchase price. Harbor PPK is $18.034 million ÷ 124. Apple rounded the same math to about $145,000 per key. Use the table price, not transaction costs. Seller unnamed. Not the 2021 Medical Center Garden Inn $29.5 million tape and not the Medical Center Homewood $21.5 million tape. The $161.770 million 2017 line is the sum of six named 10-K prices. The Birmingham adjoining dual-brand 2017 line stays combined. Older than the 2025–26 blotter cut.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2017 (closed February 2)