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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News
- ASHFORD HOSPITALITY TRUST ANNOUNCES EXTENSION OF MORTGAGE LOAN SECURED BY THE LE PAVILLON HOTEL [Yahoo! Finance]Yahoo! Finance
- ASHFORD HOSPITALITY TRUST ANNOUNCES EXTENSION OF MORTGAGE LOAN SECURED BY THE LE PAVILLON HOTELPR Newswire
- ASHFORD HOSPITALITY TRUST ANNOUNCES "GRO AHT" INITIATIVE [Yahoo! Finance]Yahoo! Finance
- ASHFORD HOSPITALITY TRUST ANNOUNCES "GRO AHT" INITIATIVEPR Newswire
- ASHFORD HOSPITALITY TRUST ANNOUNCES CONVERSION OF LA CONCHA KEY WEST TO MARRIOTT'S AUTOGRAPH COLLECTION [Yahoo! Finance]Yahoo! Finance
AHT
Earnings
- 11/5/24 - Miss
AHT
Sec Filings
- 12/19/24 - Form 8-K
- 12/17/24 - Form 8-K
- 12/13/24 - Form S-11
- AHT's page on the SEC website