---
schema_version: "secwatch.filing_event.v1"
accession: "0001574085-25-000134"
form_type: "8-K/A"
ticker: "BHR"
cik: "0001574085"
company_name: "Braemar Hotels & Resorts Inc."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:10:54.399969+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Braemar Hotels & Resorts completes sale of The Clancy for $108.8M cash

## Summary
- Sold The Clancy in San Francisco for ~$108.8M cash, net of transfer taxes and selling expenses.
- Repaid ~$64.7M on the mortgage loan partially secured by The Clancy.
- Pro forma balance sheet shows total assets reduced from $2.01B to $1.98B post-sale.
- Pro forma 2024 net income increases from $19.8M to $69.2M due to non-recurring gain on sale.
- Pro forma nine-month Sep 2025 net income nearly unchanged at ~$9.0M.

## SEC filing metadata
- accession: 0001574085-25-000134
- form_type: 8-K/A
- ticker: BHR
- cik: 0001574085
- company_name: Braemar Hotels & Resorts Inc.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1574085/000157408525000134/0001574085-25-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1574085/000157408525000134/bhr-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001574085-25-000134
- JSON: https://secwatch.observer/filing/0001574085-25-000134.json
- Plain text: https://secwatch.observer/filing/0001574085-25-000134.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.