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 ...
... 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. ...
... one of the more troubled asset types. Earlier in July, Ashford Hospitality Trust, which missed a repayment deadline, said 19 hotels that are ...
... 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 ...
... 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 ...
... buildings to debt servicers, TRD reports. Bennett's three companies, Ashford Inc., Ashford Hospitality Trust and Braemar Hotels & Resorts, had been tied to controversy ...
... 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 ...
... 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 ...
... as room rates remain sluggish and tourists absent. Last August, Ashford Hospitality Trust sold the Embassy Suites by Hilton in Midtown it has ...
... count on forbearance to come from their lenders.” This week, Ashford Hospitality Trust announced that it had sold its Embassy Suites by Hilton ...
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