{"schema_version":"secwatch.filing_event.v1","accession":"0001574085-26-000068","form_type":"8-K","ticker":"BHR","cik":"0001574085","company_name":"Braemar Hotels & Resorts Inc.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.496933+00:00","generated_at":"2026-05-15T00:47:59.070878+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Braemar Hotels agrees to sell Park Hyatt Beaver Creek for $176M ($912K/key)","bullets":["Sale price of $176M represents a 5.1% cap rate on trailing 12-month NOI.","Non-refundable earnest money deposit of $6.5M received; closing expected in May 2026.","Net proceeds to redeem outstanding 4.50% Convertible Senior Notes due June 2026.","CEO cites premium valuation as milestone in strategic review and sales process."],"urls":{"canonical":"https://secwatch.observer/filing/0001574085-26-000068","json":"https://secwatch.observer/filing/0001574085-26-000068.json","markdown":"https://secwatch.observer/filing/0001574085-26-000068.md","text":"https://secwatch.observer/filing/0001574085-26-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1574085/000157408526000068/0001574085-26-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1574085/000157408526000068/bhr-20260427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:47:59.070878+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":[{"claim_id":"1526016eef03625ef314a1ec0d9978c346edf310","claim":"Braemar Hotels & Resorts Inc. entered into Agreement with Apres Owner, LLC valued at $176 million (effective 2026-04-27).","evidence_excerpt":"On April 27, 2026, Ashford BC LP and Ashford TRS BC LLC (“ Ashford ”), indirect subsidiaries of Braemar Hotels & Resorts Inc. (the “ Company ”), entered into an Agreement of Purchase and Sale (the “ Agreement ”) with Apres Owner, LLC for the sale of Park Hyatt Beaver Creek Resort & Spa located in Avon, Colorado for $176 million in cash, subject to customary pro-rations and adjustments.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1574085/000157408526000068/0001574085-26-000068-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Apres Owner, LLC"},{"label":"Value","value":"$176 million"},{"label":"Effective","value":"2026-04-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}