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Hampton Inn Fort Lauderdale — Apple Hospitality acquisition
$23,000,000 · $147,436/key
Apple acquired the existing 156-room Hampton Inn Fort Lauderdale on June 23, 2015 for a $23.0 million gross purchase price. Harbor PPK is $23.0 million ÷ 156. Use the table price, not transaction costs. Seller unnamed. Table city is Fort Lauderdale — Harbor will not invent a Las Olas lock. Not a South Beach luxury PPK and not the 109-key Fort Lauderdale Hampton on the 2008 line. The $254.8 million 2015 line is the sum of seven named 10-K prices. The Syracuse adjoining Courtyard + Residence Inn 2015 line stays combined. Older than the 2025–26 blotter cut.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2015 (closed June 23)