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Motto by Hilton Nashville Downtown — Apple Hospitality acquisition
$98,200,000 · $377,692/key
Apple opened and acquired the newly constructed 260-room Motto by Hilton Nashville Downtown on December 22, 2025 for approximately $98.2 million, or $378,000 per key as Apple rounded it. Harbor PPK is $98.2 million ÷ 260. Fixed-price take-out ahead of development is Apple’s narrative. Not a slice of Host’s $530 million 1 Hotel + Embassy Suites complex — Harbor does not invent that allocation.
Apple Hospitality REIT Exhibit 99.1, December 22, 2025