Apple Hospitality REIT acquires Homewood Suites Tampa-Brandon for $18.8M

Apple Hospitality REIT, Inc.

Purchase price $18.8M ($149K per key) for 126-room Homewood Suites by Hilton in Tampa, FL.
Acquisition represents a 12% cap rate on trailing twelve-month results through April 2025.
Hotel adjacent to existing Embassy Suites; expects operational synergies and upside from planned renovation.
Also has Motto by Hilton Nashville under contract (~$98.2M, 260 rooms) and Houston Marriott sale (~$16.0M, Q3 2025).
Portfolio now includes 221 hotels with 29,893 rooms across 37 states and D.C.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.