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Recent Updates — APLE

August 6, 2026View Source ↗

Apple Hospitality REIT, Inc. filed an amendment to its equity distribution agreement with Jefferies LLC and other agents on August 6, 2026. The Amendment No. 2 updates the list of agents by removing B. Riley Securities, Inc., SMBC Nikko Securities America, Inc., and Scotia Capital (USA) Inc., while adding Huntington Securities, Inc. The company retains the authority to sell up to $500 million of its common shares through these agents from time to time. Apple Hospitality REIT operates in the real estate investment trust sector, specifically owning and operating hospitality properties.

July 28, 2026View Source ↗

Apple Hospitality REIT, Inc. completed a refinancing of its debt facilities on July 23, 2026. The company entered into a Fourth Amended and Restated Credit Agreement, increasing its senior unsecured revolving credit facility from $650 million to $700 million and extending its maturity to July 24, 2030. The company also extended the maturities of its $275 million and $300 million term loans to July 24, 2031, and January 23, 2032, respectively. Additionally, the company amended its $130 million unsecured term loan with PNC Bank, increasing the principal to $160 million and extending the maturity to July 24, 2033. The incremental $30 million from the PNC loan was used to repay outstanding revolver balances and secured indebtedness. The refinancing improves pricing terms and extends the weighted average maturity of total consolidated debt to nearly five years, with no significant debt maturities until 2029. Apple Hospitality REIT, Inc. is a real estate investment trust that owns and operates a portfolio of upscale hotels in the United States.

June 10, 2026View Source ↗

Elizabeth S. Perkins, Senior Vice President and Chief Financial Officer, was appointed as the Company's principal accounting officer on June 10, 2026, succeeding Rachel Labrecque. Ms. Labrecque passed away on June 9, 2026. Apple Hospitality REIT, Inc. is a real estate investment trust that owns and operates hotels.