M&A - ASHFORD HOSPITALITY TRUST INC

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Form Type: 8-K

Filing Date: 2025-01-14

Corporate Action: Acquisition

Type: New

Accession Number: 000123258225000007

Filing Summary: On January 10, 2025, ASHFORD HOSPITALITY TRUST, INC. completed the sale of the 315-room Courtyard Boston Downtown located in Boston, Massachusetts for $123.0 million in cash. The sale was conducted through HH FP Portfolio LLC, an indirect wholly owned subsidiary of the Company, under an Agreement of Purchase and Sale effective November 27, 2024. A press release announcing the closure of the transaction was issued on January 14, 2025, but the information included in the report and the release is not to be deemed filed under the Exchange Act or incorporated by reference in any filing under the Securities Act, unless specifically stated otherwise. Pro forma financial information related to the sale will be filed by amendment within four business days after the closing.

Additional details:

Date Of Report: 2025-01-10


Sale Price: 123.0 million


Property Location: Boston, Massachusetts


Purchase Agreement Date: 2024-11-27


Subsidiary Name: HH FP Portfolio LLC


Purchaser Name: 275 Tremont Owner, LLC


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