ASHFORD HOSPITALITY TRUST INC (AHT): M&A transaction — Ashford Hospitality sells Hilton Garden Inn Jacksonville for $11.3M; repays $9.5M mortgage

ASHFORD HOSPITALITY TRUST INC

Sold 119-room Hilton Garden Inn Jacksonville to Maco Properties for $11.3M cash, net proceeds ~$11.0M.
Paid ~$9.5M to mortgage lender; loan was secured by eight hotels including this property.
Removal of hotel reduces total assets by ~$7.5M and indebtedness by ~$9.4M on a pro forma basis.
Pro forma net loss attributable to common stockholders improves by ~$5.2M for 2025 and ~$74K 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 Maco Properties, L.L.C. for $11.3 million in cash (closed 2026-06-11).

Action: disposition
Counterparty: Maco Properties, L.L.C.
Consideration: $11.3 million in cash
Closing: 2026-06-11

Exact text from the filing

On June 11, 2026, Ashford Jacksonville I LP, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Hilton Garden Inn Jacksonville - Deerwood Park located in Jacksonville, Florida pursuant to an Agreement of Purchase and Sale, dated as of April 16, 2026, by and between Ashford Jacksonville I LP, as seller, and Maco Properties, L.L.C., as purchaser, for $11.3 million in cash, subject to customary pro-rations and adjustments.

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

ASHFORD HOSPITALITY TRUST INC filing history →

Source: SEC EDGAR

accession 0001232582-26-000149

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