Ashford Hospitality Trust Inc.View All Tags
Downtown Atlanta Hotel Sells Well Under Replacement Cost
A real estate investment trust focused on the hospitality sector has announced that it has signed a definitive agreement to buy a recently built hotel in Downtown Atlanta.
Ashford Hospitality, HFF Offer Details of Marriott Financing
By Liviu Oltean, Associate Editor A month after Ashford Hospitality Trust Inc. closed on the $43.5 million purchase of the Marriott Memphis East Hotel, the REIT and its advisor, HFF, have revealed details of the acquisition financing. Dallas-based Ashford reported in late March that it had obtained a $33.3 million floating-rate mortgage pegged to [...]
Ashford Hospitality Trust Procures $33.3M Financing for Acquisition of Marriott Hotel
After announcing that it entered a definitive purchase agreement to buy the 232-room Marriott Memphis East Hotel back in January, Ashford Hospitality Trust, Inc. wasted no time in procuring financing and closing on the hotel.