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Embassy Suites South Jordan Salt Lake City — Apple Hospitality acquisition
$36,750,000 · $191,406/key
Apple acquired the existing 192-room Embassy Suites South Jordan Salt Lake City on November 21, 2023 for a $36.75 million gross purchase price. Harbor PPK is $36.75 million ÷ 192. Apple rounded the same math to about $191,000 per key. Use the table price, not the $36.8 million 8-K round. Seller unnamed. Not the downtown Courtyard $48.11 million or Hyatt House $34.25 million tapes. Older than the 2025–26 blotter cut.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2023 (closed November 21)