-----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, HK7wMHg5B+U7fFRzF0MQKuGWokSL9G5nhFW39NMwelqC0wc2b1OdEcL4rRAQd+NZ pTsJpw6dH1f1XugUjo5fTQ== 0001104659-10-001254.txt : 20100112 0001104659-10-001254.hdr.sgml : 20100112 20100112093816 ACCESSION NUMBER: 0001104659-10-001254 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100108 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100112 DATE AS OF CHANGE: 20100112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Apple REIT Nine, Inc. CENTRAL INDEX KEY: 0001418121 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 261379210 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53603 FILM NUMBER: 10521666 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 a10-1651_18k.htm 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): January 8, 2010

 

 

APPLE REIT NINE, INC.

(Exact name of registrant as specified in its charter)

 

 

Virginia

 

000-53603

 

26-1379210

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification Number)

 

814 East Main Street, Richmond, Virginia

 

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:

 

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

 

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

 

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

 

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

 

 

 


 

Apple REIT Nine, 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 January 8, 2010, the same day the hotel opened for business, one of our indirect wholly-owned subsidiaries closed on the purchase of a newly constructed hotel located in Houston, Texas.  The hotel acquired by our purchasing subsidiary is a full service Marriott® hotel containing 206 guest rooms.  The purchase price for the hotel was $50,750,000.  The seller has no material relationship with us or our subsidiaries, other than through the purchase contract and other related contracts.

 

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

 

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

 

Additional information regarding the purchase contract for this hotel is set forth in our Form 8-K dated October 29, 2008 and filed with the Securities and Exchange Commission on November 3, 2008, which is incorporated herein by reference.

 

Item 9.01.              Financial Statements and Exhibits.

 

a. Financial statements of businesses acquired.

 

Financial statements for the hotels described in Item 2.01 of this report will be filed as necessary by amendment within the required time period.

 

b. Pro forma financial information.

 

Pro forma financial information for the hotels described in Item 2.01 of this report will be filed as necessary by amendment within the required time period.

 

c. Shell company transaction.

 

Not Applicable

 

d. Exhibits.

 

None

 

2


 

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 Nine, Inc.

 

 

 

By:

/s/ Glade M. Knight

 

 

Glade M. Knight, Chief Executive Officer

 

 

 

 

 

 

January 12, 2010

 

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