Ashford Hospitality Trust sells Marriott Fremont Silicon Valley for $53M cash

ASHFORD HOSPITALITY TRUST INC

Sold 357-room Marriott Fremont for $53.0M cash, net proceeds ~$52.2M after expenses.
Used ~$43.5M to repay mortgage loan secured by 14 hotels including this property.
Pro forma net loss attributable to common stockholders improves by ~$12.3M for FY2025 and by ~$0.4M for Q1 2026.
Pro forma total assets decrease by ~$32.5M, total liabilities decrease by ~$45.0M.
The sale closed July 1, 2026; buyer is SRE Acquisitions V, LLC.

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