secwatch.observer — SEC 8-K summary
======================================

Issuer:     Apple Hospitality REIT, Inc. (APLE)
CIK:        0001418121
Form:       8-K
Filed at:   2025-06-11T23:59:59+00:00
Accession:  0000950170-25-084662
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418121/000095017025084662/0000950170-25-084662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418121/000095017025084662/aple-20250610.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-084662

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer