Braemar Hotels & Resorts Announces Maturity Extensions For The Mortgage Loans On Its Napa Valley Hotels
Braemar Hotels & Resorts Inc. (BHR)
Last braemar hotels & resorts inc. earnings: 2/26 05:10 pm
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Source: PR Newswire
DALLAS, Sept. 27, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has finalized an extension of its mortgage loans for the Bardessono Resort & Spa with a final maturity in August 2022, and the Hotel Yountville with a final maturity in May 2022. Both hotels are located in Yountville, California. Each of the loans is being extended for one year beyond their initial maturity on the same terms as the original loan. "We are very pleased to be able to extend these loans for an additional year," said Richard J. Stockton, Braemar's President and Chief Executive Officer. "In doing so, we have only one loan maturing in 2022 with a balance of $67.5 million and have no debt maturities for the balance of this year."Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.Certain statements and assumptions in this press release contain or are based upon "forward-looking"
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BHR
Earnings
- 2/29/24 - Beat
BHR
Sec Filings
- 4/15/24 - Form DFAN14A
- 4/12/24 - Form DFAN14A
- 4/11/24 - Form DEFA14A
- BHR's page on the SEC website