Washington, D.C. 20549







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

Date of Report (Date of earliest event reported): November 28, 2011




(Exact name of registrant as specified in its charter)




Virginia   333-168971   27-3218228

(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:


¨ 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 Ten, 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 of Form 8-K.


Item 2.01. Completion of Acquisition or Disposition of Assets.


On November 28, 2011, one of our indirect wholly-owned subsidiaries (the “purchasing subsidiary”) closed on the purchase of a newly constructed hotel located in Oceanside, California. The hotel acquired by our purchasing subsidiary is a Courtyard® by Marriott hotel containing 142 guest rooms. The purchase price for the hotel was $30,500,000. 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).


 Additional information regarding the purchase contract for this hotel is set forth in our Form 8-K dated October 28, 2011 and filed with the Securities and Exchange Commission on November 2, 2011, which is incorporated herein by reference.


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







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 Ten, Inc.

/s/ Glade M. Knight


Glade M. Knight,

Chief Executive Officer

    November 30, 2011