ASHFORD HOSPITALITY TRUST COMPLETES REFINANCING OF MORTGAGE LOAN FOR THE RENAISSANCE NASHVILLE
Ashford Hospitality Trust Inc (AHT)
Last ashford hospitality trust inc earnings: 2/25 04:15 pm
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ahtreit.com
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Source: PR Newswire
DALLAS, May 9, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the refinancing of the mortgage loan for the 673-room Renaissance Hotel in Nashville, Tennessee, which had a final maturity date in March 2026. The new, non-recourse loan totals $267.2 million, and has a two-year initial term with three one-year extension options, subject to the satisfaction of certain conditions. The loan is interest only and provides for a floating interest rate of SOFR + 3.98%. The previous loan totaled $240.0 million and included the 296-room Westin Hotel in Princeton, New Jersey. As part of this refinancing, the Westin Princeton is now unencumbered and the Company has listed this property for sale. The Company plans to use the excess proceeds from the refinancing for general corporate purposes including paying down the Company's strategic financing."We are pleased to announce the refinancing of the Renaissanc
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News
- Blackwells Campaign Successfully Forces Ashford Hospitality Trust, Inc.'s Chairman Monty J. Bennett and Director Kamal Jafarnia to Resign [Yahoo! Finance]Yahoo! Finance
- Blackwells Campaign Successfully Forces Ashford Hospitality Trust, Inc.’s Chairman Monty J. Bennett and Director Kamal Jafarnia to ResignGlobeNewswire
- ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY RESULTS OF ITS 2024 ANNUAL MEETING OF STOCKHOLDERS 'ACTIVIST' BLACKWELLS EFFORTS THWARTED [Yahoo! Finance]Yahoo! Finance
- ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY RESULTS OF ITS 2024 ANNUAL MEETING OF STOCKHOLDERS 'ACTIVIST' BLACKWELLS EFFORTS THWARTEDPR Newswire
- ASHFORD HOSPITALITY TRUST COMPLETES REFINANCING OF MORTGAGE LOAN FOR THE RENAISSANCE NASHVILLE [Yahoo! Finance]Yahoo! Finance
AHT
Earnings
- 5/8/24 - Miss
AHT
Sec Filings
- 5/20/24 - Form 8-K/A
- 5/15/24 - Form 3
- 5/15/24 - Form 4
- AHT's page on the SEC website