Ashford Hospitality Trust sells Embassy Suites Houston for $13.5M cash, pays down $12.9M mortgage

ASHFORD HOSPITALITY TRUST INC

Sale closed Feb 9, 2026; gross cash consideration $13.5M, net proceeds ~$13.1M after selling expenses.
Company paid ~$12.9M to mortgage lender; loan is secured by 14 hotels including this property.
Pro forma balance sheet removes $8.1M net hotel assets and $12.9M debt, improving equity deficit by ~$5M.
Hotel is 150-room Embassy Suites Houston near the Galleria.

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