Ashford Trust Completes Refinancing Of Two Mortgage Loans
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, Feb. 24, 2020 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has successfully amended and extended its mortgage loan which is secured by the 140-room Hotel Indigo Atlanta in Atlanta, Georgia. Additionally, the Company has also refinanced its mortgage loan for the 226-room Le Pavillon Hotel in New Orleans, Louisiana.The Hotel Indigo Atlanta loan had a final maturity in May 2022. The amended $16.1 million loan has a three-year initial term with two, one-year extension options, subject to the satisfaction of certain conditions. The loan is interest only during the initial term with 1% annual amortization payments during the extension periods. The loan provides for a floating interest rate of LIBOR + 2.25%, with the remaining terms of the loan essentially identical to the previous loan.The Le Pavillon loan had a final maturity in June 2020. The new, non-recourse loan totals $37 million and has a three-year
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AHT
News
- ASHFORD HOSPITALITY TRUST ANNOUNCES CONVERSION OF LE PAVILLON NEW ORLEANS TO MARRIOTT'S TRIBUTE PORTFOLIOPR Newswire
- ASHFORD HOSPITALITY TRUST ANNOUNCES MODIFICATION FOR MORTGAGE LOANPR Newswire
- ASHFORD HOSPITALITY TRUST ANNOUNCES REFINANCING OF MORTGAGE LOAN SECURED BY THE MARRIOTT CRYSTAL GATEWAYPR Newswire
- Ashford Hospitality Trust Inc (AHT) Q3 2024 Earnings Call Highlights: Navigating Challenges ... [Yahoo! Finance]Yahoo! Finance
- Ashford Hospitality Trust, Inc. (NYSE: AHT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
AHT
Earnings
- 11/5/24 - Miss
AHT
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- AHT's page on the SEC website