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Ashford Hospitality ( (AHT) ) just unveiled an announcement.
On January 10, 2025, Ashford Hospitality Trust’s subsidiary, HH FP Portfolio LLC, completed the sale of the 315-room Courtyard Boston Downtown for $123 million to 275 Tremont Owner, LLC. This sale is expected to deleverage the company’s BAML Highland Pool loan and lead to significant capital savings, aligning with the positive sentiment in the transaction and financing markets.
More about Ashford Hospitality
Ashford Hospitality Trust is a real estate investment trust (REIT) primarily focused on investing in upper upscale, full-service hotels.
YTD Price Performance: 16.38%
Average Trading Volume: 53,589
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $45.16M
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.
