Braemar provides pro forma financials showing sale of Marriott Seattle Waterfront for $139.3M

Braemar Hotels & Resorts Inc.

Pro forma reflects removal of Marriott Seattle (369 rooms) sold Aug 7, 2025 for approx $139.3M net cash.
Proceeds used to repay $88.4M of mortgage loan partially secured by the hotel.
Pro forma net debt reduced by approx $8.4M after removing $78.2M hotel debt and repayment.
Pro forma net loss attributable to common stockholders improves from -$50.9M to -$15.9M for FY 2024.
For Q1 2025, pro forma net loss improves from -$2.5M to -$0.7M.

item 9.01

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