Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
ASHFORD HOSPITALITY TRUST INC completed a disposition involving Shivram Inc. and Jasper Hospitality, LLC for $7 million in cash (closed 2024-06-10).
- Action
- disposition
- Counterparty
- Shivram Inc. and Jasper Hospitality, LLC
- Consideration
- $7 million in cash
- Closing
- 2024-06-10
Exact text from the filing
On June 10, 2024, Ashford Kennesaw I LP, an indirect wholly owned subsidiary of the Company, completed the sale of the Fairfield Inn located in Kennesaw, Georgia pursuant to an Agreement of Purchase and Sale, entered into effective as of February 26, 2024, by and among Ashford Kennesaw I LP, as seller, and Shivram Inc. and Jasper Hospitality, LLC, as purchaser, for $7 million in cash, subject to customary pro-rations and adjustments.
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
ASHFORD HOSPITALITY TRUST INC completed a disposition involving Pulse Kennesaw II LLC for $10.5 million in cash (closed 2024-06-10).
- Action
- disposition
- Counterparty
- Pulse Kennesaw II LLC
- Consideration
- $10.5 million in cash
- Closing
- 2024-06-10
Exact text from the filing
On June 10, 2024, Ashford Kennesaw II LP, an indirect wholly owned subsidiary of the Company, completed the sale of SpringHill Suites located in Kennesaw, Georgia pursuant to an Agreement of Purchase and Sale, entered into effective as of February 26, 2024, by and between Ashford Kennesaw II LP, as seller, and Pulse Kennesaw II LLC, as purchaser, for $10.5 million in cash, subject to customary pro-rations and adjustments.
View on SEC.gov