Hotel REIT CEO Resigns As Company Sheds Assets
... traded hotel owners looking to dispose of assets. This week, Ashford Hospitality Trust announced it would explore a sale after its financial turnaround ...
Dec 11, 2025
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Investors Want To Buy Into Boston's Improving Hotel Market, But Deals Are Still Scarce
... Group for $57M, Hotel Management reported. In February, Ashford Hospitality Trust sold the Hilton Boston Back Bay hotel for $171M ... real estate program at Boston University’s School of Hospitality Administration, said that although investment has slowed in ...
May 16, 2024
News
This Week's Deal Sheet: Shake Shack Opening Office Hub At The Battery
... opened its North American headquarters in Atlanta in 2016. FINANCING Ashford Hospitality Trust extended its mortgage secured by the Hotel Indigo Atlanta Midtown ...
May 09, 2025
News
Seaport Hotel Lands $115M Refinancing Loan
... new supply and increasing occupancy and revenues. Earlier this month, Ashford Hospitality Trust sold the 315-room Courtyard Boston Downtown hotel on Tremont ...
Dec 17, 2024
News
Cerberus, Highgate Miss Mortgage Payments On 30-Hotel Portfolio
... one of the more troubled asset types. Earlier in July, Ashford Hospitality Trust, which missed a repayment deadline, said 19 hotels that are ...
Jul 25, 2023
News
This Week's Boston Deal Sheet
... the 390-room Hilton Boston Back Bay hotel from Ashford Hospitality Trust for $117M. Ashford previously announced in February it reached an agreement to ... at the time. The property is one of 12 hotels Ashford said it is selling to pay off its $2.6B ...
Apr 15, 2024
News
Mack Real Estate Acquires 7 Hotels It Foreclosed On
... on the properties earlier this year after owners Hersha Hospitality Trust and Cindat Capital Management defaulted on an $85M ... all announced they will close permanently. Last summer, Ashford Hospitality Trust walked away from the Embassy Suites by Hilton in ...
Mar 08, 2021
News
Trump-Connected Hotel Owners Lobby For Federal Bailout On CMBS Loans
... buildings to debt servicers, TRD reports. Bennett's three companies, Ashford Inc., Ashford Hospitality Trust and Braemar Hotels & Resorts, had been tied to controversy ...
Sep 15, 2020
News
Moinian Group Moves To Foreclose On Queens Holiday Inn
... a $37.6M all-cash transaction in 2016. The hospitality industry has been under enormous strain since the coronavirus ... of failing to meet loan payments across its portfolio, Ashford Hospitality Trust sold the Embassy Suites by Hilton in Midtown it owned ...
Mar 29, 2021
News
Arbitrator Rules New York Hotel Owners Must Make Record Payout To Laid-Off Workers
... S. District Court in New York. The New York City hospitality market has been brutalized by the pandemic; what were initially ... is closing its 478-room hotel in Times Square, while Ashford Hospitality Trust sold the Embassy Suites by Hilton in Midtown it owned ...
Nov 18, 2020
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