Ashford Hospitality Trust Inc.
Certares, Clearview Buy Savannah Hotel
The riverfront asset previously changed hands 15 years ago.
Ashford Hospitality Sells 2 Hotels for $38M
The REIT utilized proceeds from the sale of hotels in Georgia and Wisconsin to pay down debt.
Ashford to Pay $275M for Hotel Management Platform
The Dallas-based company has agreed to purchase the platform from Remington. The business provides services for two Ashford-advised REITs and oversees nearly 90 hospitality properties.
NorCal Hilton Hotel Sells for $50M
Ashford Hospitality Trust is the new owner of the 178-key property in Santa Cruz. Acquisition financing included a non-recourse mortgage loan of roughly $25.3 million.
Ashford Hospitality to Buy Santa Fe Boutique Resort
The company selected Remington Lodging to manage the 157-key La Posada de Santa Fe property in New Mexico when the deal closes later this month.
Ashford Hospitality Completes 22-Hotel Portfolio Refi
The Dallas-based hotel REIT is continuing its strategy of taking advantage of an attractive lending market, closing its second refinancing this year on the heels of several late 2017 transactions.
Ashford Trust Refinances 8-Hotel Portfolio
Secured by assets across several states, the previous mortgage loan had an outstanding balance of roughly $377 million and was due to mature in 2020.
Crowne Plaza Ravinia in Atlanta Lands New Owner
Sold by Ashford Hospitality Trust, the 495-key property in Dunwoody changed hands for $89 million. The former owner had bought the hotel in 2011 as part of a $1.3 billion portfolio.
Historic Atlanta Hotel Lands $16M Refi
Formerly known as Cox-Carlton, the 140-key property operated under the Days Inn franchise between 1985 and 2004. Ashford Trust acquired the asset in 2015 for $26 million.
AHT Plans $400M Revamp of Nashville Convention Center
Plans for the new mixed-use project include a 26-story, Class A office tower; 235,000 square feet of high-end retail, dining and entertainment; as well as a 34-story residential building.