Page 9 - Apple REIT 9 2008 Annual Report

ANNUAL REPORT 2008 7
• NOVEMBER 7, 2008 – Apple REIT Nine acquired the Courtyard ® by Marriott® in Bristol, Virginia. Built
in 2004, the 175-room property is conveniently located near the Bristol Motor Speedway and numerous
area attractions.
• DECEMBER 4, 2008 – We purchased the 122-room Homewood Suites by Hilton® Raleigh-Durham Airport/
Research Triangle. This extended-stay property is convenient to all of the Research Triangle Park facilities.
• DECEMBER 11, 2008 – The Company acquired a new 84-suite Residence Inn® by Marriott® in Hattiesburg,
Mississippi, located just off of Interstate 59 near the University of Southern Mississippi.
• DECEMBER 16, 2008 – Apple REIT Nine closed on the purchase of a new 94-room Courtyard® by Marriott®
in Jackson, Tennessee, just off of Interstate 40 between Nashville and Memphis and convenient to numerous
area corporations.
• DECEMBER 30, 2008 – We added an additional hotel in Jackson, Tennessee to the portfolio, the 83-room
Hampton Inn & Suites®.
• DECEMBER 31, 2008 – Apple REIT Nine closed the year with an additional three hotel acquisitions, including:
the newly built 102-guestroom Hilton Garden Inn® in Frisco, Texas; a 109-room Hampton Inn® in popular
Fort Lauderdale, Florida; and the 132-room Hampton Inn® in Pittsburgh, Pennsylvania near the University of
Pittsburgh and Carnegie Mellon University.
2008 STRATEGIC ACQUISI T IONS
CONT INUED
COURTYARD, JACKSON, TN