ASHFORD HOSPITALITY TRUST INC (AHT): M&A transaction — Ashford Hospitality Trust completes sale of Sheraton San Diego Mission Valley for $45M

ASHFORD HOSPITALITY TRUST INC

Sold 260-room Sheraton San Diego Mission Valley for approx $45.0M cash, net of selling expenses.
Used $35.9M of proceeds to partially repay mortgage loan secured by 15 hotels.
Transaction closed June 9, 2026; buyer is Hotel Circle Holdings LLC.
Pro forma net loss attributable to common stockholders improves from $71.1M to $70.5M for Q1 2026.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Hotel Circle Holdings LLC for approximately $45.3 million in cash (closed 2026-06-09).

Action: disposition
Counterparty: Hotel Circle Holdings LLC
Consideration: approximately $45.3 million in cash
Closing: 2026-06-09

Exact text from the filing

On June 9, 2026, Ashford MV San Diego LP, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Sheraton Mission Valley located in San Diego, California pursuant to an Agreement of Purchase and Sale, dated as of March 26, 2026, as amended, by and between Ashford MV San Diego LP, as seller, and Hotel Circle Holdings LLC, as purchaser, for approximately $45.3 million in cash, subject to customary pro-rations and adjustments.

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Source: SEC EDGAR

accession 0001232582-26-000144

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