secwatch.observer — SEC 8-K summary
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Issuer:     ASHFORD HOSPITALITY TRUST INC (AHT)
CIK:        0001232582
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001232582-26-000015
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

Ashford Hospitality Trust subsidiaries default on $325M CMBS loan; lender accelerates full payment
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- On Feb 11, 2026, trustee demanded immediate payment of $325M principal plus default interest and fees.
- Default triggered by failure to make Required Debt Yield Principal Payment and Extension DI by Feb 9, 2026.
- Loan secured by eight hotels, including Embassy Suites Portland, Hilton Costa Mesa, and La Concha Key West.
- No cross-default provisions triggered on other subsidiary loans; parent company has no direct debt.
- Loan originally $395M in 2018, extended six times; outstanding balance $325M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1232582/000123258226000015/0001232582-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1232582/000123258226000015/aht-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001232582-26-000015

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