-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TWS7ufBvVu+OODdYncdyAY/b10tSKhopI5bJraSsUAeJ155+lz8Aeq3LmsTgHxhy pjqTSkZdyXwZMOWLN6f4vg== 0001193125-05-137321.txt : 20050705 0001193125-05-137321.hdr.sgml : 20050704 20050705144712 ACCESSION NUMBER: 0001193125-05-137321 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050630 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050705 DATE AS OF CHANGE: 20050705 FILER: COMPANY DATA: COMPANY CONFORMED NAME: APPLE REIT SIX INC CENTRAL INDEX KEY: 0001277151 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 200620523 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51270 FILM NUMBER: 05936347 BUSINESS ADDRESS: STREET 1: 814 EAST MAIN STREET CITY: RICHMOND STATE: VA ZIP: 23219 BUSINESS PHONE: (804)344-8121 MAIL ADDRESS: STREET 1: 814 EAST MAIN STREET CITY: RICHMOND STATE: VA ZIP: 23219 8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 30, 2005

 


 

APPLE REIT SIX, INC.

(Exact name of registrant as specified in its charter)

 


 

Virginia   000-51270   20-0620523

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification Number)

 

814 East Main Street, Richmond, VA   23219
(Address of principal executive offices)   (Zip Code)

 

(804) 344-8121

(Registrant’s telephone number, including area code)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Apple REIT Six, Inc. (which is referred to below as the “Company” or as “we,” “us” or “our”) is filing this report in accordance with Item 2.01 and Item 9.01 of Form 8-K.

 

Item 2.01. Completion of Acquisition or Disposition of Assets.

 

On June 30, 2005, our indirect wholly-owned subsidiaries, Apple Six Hospitality Ownership, Inc. and Apple Six Hospitality Texas, L.P., closed on the purchase of five hotels. The sellers are related to each other, but have no material relationship to us or our subsidiaries, other than through the remaining purchase contracts, as discussed after the table below.

 

The table below describes the five hotels involved:

 

Hotel Description

 

Hotel


  

Franchise (a)


  

Seller


  

Purchaser


  

Number of

Rooms


   Purchase Price

Arlington, Texas

   TownePlace Suites by Marriott    TPSA Hotel Property, Ltd.    Apple Six Hospitality Texas, L.P.    95    $ 7,148,000

Arlington, Texas

   SpringHill Suites by Marriott    WIV Hotel Property, Ltd.    Apple Six Hospitality Texas, L.P.    122      7,486,000

Las Colinas, Texas

   TownePlace Suites by Marriott    LCTP Hotel Property, Ltd.    Apple Six Hospitality Texas, L.P.    136      7,178,000

Tempe, Arizona

   SpringHill Suites by Marriott    TemField Hotel Property, L.P.    Apple Six Hospitality Ownership, Inc.    121      8,060,000

Tempe, Arizona

   TownePlace Suites by Marriott    TATP Hotel Property, L.P.    Apple Six Hospitality Ownership, Inc.    119      8,128,000
                   
  

TOTAL

                  593    $ 38,000,000
                   
  

 

Note for Hotel Description:

 

(a) All brand and trade names, logos or trademarks contained, or referred to, in this Form 8-K are the properties of their respective owners.

 

The purchase price under each purchase contract was funded by our ongoing offering of Units (with each Unit consisting of one common share and one Series A preferred share).

 

Additional information regarding the five hotels and the two outstanding purchase contracts is set forth in our Form 8-K dated June 21, 2005 and filed with the Securities and Exchange Commission on June 27, 2005, which is incorporated herein by reference. Closings under the two remaining purchase contracts have not occurred and there can be no assurance as of the date of this report that any such closings will occur.


Item 9.01. Financial Statements and Exhibits

 

a. Financial Statements of Business Acquired

 

(Financial statements will be filed as necessary by amendment within the required time period).

 

b. Pro Forma Financial Information

 

(Pro forma information will be filed as necessary by amendment within the required time period).

 

c. Exhibits

 

None.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Apple REIT Six, Inc.
By:  

/s/ Glade M. Knight


    Glade M. Knight, President
    July 05, 2005

 

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