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Business loans, CMBS, loans
News

Ashford Group Of Companies Returns Controversial PPP Funding, Blames Inconsistent Fed Rules

... forward.  The Dallas-Fort Worth hotel community, where Ashford Hospitality Trust is based, faces extreme hardship with revenue per ... faced in the wake of the coronavirus shutdown.  Ashford Hospitality Trust said in an April Securities and Exchange Commission ...

May 03, 2020
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Ashford Walks Away From Recently Acquired Manhattan Hotel
News

Ashford Walks Away From Recently Acquired Manhattan Hotel

... to meet loan payments across its portfolio, Ashford Hospitality Trust has sold the Embassy Suites by Hilton in Midtown ... according to the earnings report from May. Ashford Inc. and its hotel affiliates, Ashford Hospitality Trust and Braemer Hotels & Resorts, had ...

Aug 25, 2020
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Bidding, Auction
News

Ashford Bids $1.28B For Hostile Takeover Of FelCor Lodging REIT

... a direct agreement, Ashford Hospitality Trust went public with its $1.28B bid to buy rival FelCor Lodging Trust. Hostile takeover ... attempts are unusual in the REIT sector, but Ashford hopes making its ...

Feb 23, 2017
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W Downtown-Atlanta Goes to Ashford Hospitality
News

W Downtown-Atlanta Goes to Ashford Hospitality

Asford Hospitality Trust is under contract to buy the W Atlanta Downtown hotel ... $56.8M, or some $239k/key, from Square Mile Capital. Ashford reports in an SEC filing that it has put more ...

Jun 18, 2015
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Hotel REIT Ashford Exploring Sale
News

Hotel REIT Ashford Exploring Sale

... to maximize shareholder value, including a potential transaction.” Ashford President and CEO Stephen Zsigray said in the release ... amortization by $50M and improve shareholder value. Last quarter, Ashford sold the Hilton Houston NASA Clear Lake for $27M ...

Dec 10, 2025
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Ashford Hospitality Trust sold its 315-room Courtyard Boston Downtown hotel for $123M.
News

Ashford Reaches Deal To Sell Downtown Boston Hotel For $123M

Ashford Hospitality Trust is selling a downtown ... Boston Downtown at a very attractive cap rate," Ashford Trust CEO Stephen Zsigray said in a statement. ... property portfolio in a Highland Hospitality foreclosure sale for $1.28B. Ashford put down $150M in cash ...

Dec 04, 2024
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REIT Shareholders Vote Out Chairman Monty Bennett, Board Immediately Reappoints Him
News

REIT Shareholders Vote Out Chairman Monty Bennett, Board Immediately Reappoints Him

... ouster a “shameless maneuver.” He said Blackwells will hold Ashford and its directors accountable for harm caused to shareholders.  ... “Monty Bennett and Kamal Jafarnia were defeated handily at Ashford, only to have their directorships resurrected by the rest ...

May 16, 2024
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Hampton Inn Phoenix Airport Trades in Mass Hotel Deal
News

Hampton Inn Phoenix Airport Trades in Mass Hotel Deal

Ashford Hospitality Trust acquired the 106-room Hampton Inn Phoenix Airport hotel as ... hotels. The hotel joins three others in Arizona owned by Ashford: two in metro Phoenix and one in Flagstaff. The Hampton ...

May 21, 2015
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Dunwoody
News

This Week's Atlanta Deal Sheet: Swiss Logistics Tech Firm Opening U.S. HQ In Dunwoody

... Atlanta hotel, according to the ABC. SALES Ashford Hospitality Trust has offloaded three Atlanta-area hotels to two ... Hotel Advisors Senior Vice President David Perrin represented Ashford.  FINANCING Sumitomo Corporation of Americas extended its $150M ...

Jun 21, 2024
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Ponce City Market Jamestown
News

This Week's Atlanta Deal Sheet: Jamestown Starts Ponce City Market Phase 2

... term loan was set to mature in August 2024. *** Ashford Hospitality Trust modified and extended its mortgage secured by the 141-room ... Hotel Indigo Atlanta in Midtown, Ashford Chief Financial Officer Deric Eubanks said during a Feb. ...

Mar 02, 2023
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