secwatch.observer — SEC 8-K summary
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Issuer:     ASHFORD HOSPITALITY TRUST INC (AHT)
CIK:        0001232582
Form:       8-K
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0001232582-24-000076
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ashford Hospitality Trust sells two Kennesaw hotels for $17.5M
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- Sold 90-room SpringHill Suites and 86-room Fairfield Inn for $17.5M total.
- Sale price represents 4.8% cap rate on trailing 12-month NOI through April 2024.
- Hotels had $10.8M outstanding mortgage loan; net proceeds used for corporate purposes including pay down of strategic financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1232582/000123258224000076/0001232582-24-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1232582/000123258224000076/aht-20240610.htm
  HTML page:      https://secwatch.observer/filing/0001232582-24-000076

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