public_filing
Marriott Fairfax — Apple Hospitality disposition
$41,500,000 · $131,329/key
Apple sold the 316-room Marriott Fairfax on October 5, 2017 for a gross sales price of approximately $41.5 million. Harbor PPK is $41.5 million ÷ 316. The same 10-K names October 5, the 316 rooms, and that price. Use the $41.5 million sale price, not a net line. Buyer unnamed. Not the 2016 Chesapeake Marriott $9.9 million tape, not Apple’s 2024 AC Hotel Washington DC Convention Center $116.804 million tape, not DiamondRock’s Westin Washington D.C. City Center, and not Xenia’s Lorien Alexandria $30.0 million tape. The $161.770 million 2017 buy line stays off this sale tape. 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 (sold October 5)