{"schema_version":"secwatch.filing_event.v1","accession":"0001574085-25-000066","form_type":"8-K","ticker":"BHR","cik":"0001574085","company_name":"Braemar Hotels & Resorts Inc.","filed_at":"2025-07-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.395684+00:00","generated_at":"2026-05-18T09:05:16.189515+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Braemar Hotels agrees to sell Marriott Seattle Waterfront for $145M","bullets":["Sale price $145M ($393,000 per key) for 369-room hotel; 8.1% cap rate on trailing 12-month NOI of $12.4M.","CEO cites deleveraging and alignment with luxury hotel strategy; transaction expected to close in August 2025.","Includes anticipated capex of $7M; buyer is Seafront Fjord Owner, LLC.","Sale supports Braemar's focus on luxury assets; no assurances deal will close on stated terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001574085-25-000066","json":"https://secwatch.observer/filing/0001574085-25-000066.json","markdown":"https://secwatch.observer/filing/0001574085-25-000066.md","text":"https://secwatch.observer/filing/0001574085-25-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1574085/000157408525000066/0001574085-25-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1574085/000157408525000066/bhr-20250703.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:05:16.189515+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}