ASHFORD HOSPITALITY TRUST INC (AHT): M&A transaction — Ashford Hospitality Trust sells two hotels for combined $33M; cap rate ~1.3% on NOI

ASHFORD HOSPITALITY TRUST INC

Hilton Houston NASA Clear Lake sold for $27M; Residence Inn Evansville East sold for $6M.
Combined sale price represents 1.3% cap rate (adj. for capex) or 45.3x Hotel EBITDA (12 months to July 31, 2025).
CEO Stephen Zsigray says sales deleverage platform, improve MS 17 loan pool coverage, and increase cash flow after debt service.
Company plans to pursue similar opportunistic sales in coming months.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Nassau Bay Resorts LLC for $27 million in cash, subject to customary pro-rations and adjustments (closed 2025-08-22).

Action: disposition
Counterparty: Nassau Bay Resorts LLC
Consideration: $27 million in cash, subject to customary pro-rations and adjustments
Closing: 2025-08-22

Exact text from the filing

On August 22, 2025, New Clear Lake Hotel Limited Partnership, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the 242-room Hilton Houston NASA Clear Lake hotel located in Houston, Texas pursuant to an Agreement of Purchase and Sale, dated as of March 28, 2025, by and between New Clear Lake Hotel Limited Partnership, as seller, and Nassau Bay Resorts LLC, as successor in interest by assignment from Ayrshire Nassau Bay LLC, as purchaser, for $27 million in cash, subject to customary pro-rations and adjustments.

View on SEC.gov

30 m&a transactions filed in the last 30 days. Browse all m&a transactions →

ASHFORD HOSPITALITY TRUST INC filing history →

Source: SEC EDGAR

accession 0001232582-25-000131

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.