Braemar Hotels & Resorts sells 3 properties for $437.5M cash; Ritz-Carlton Sarasota included

Braemar Hotels & Resorts Inc.

Sale includes The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel and Spa.
Total cash purchase price of $437.5 million, subject to customary prorations.
Closing expected in 20–35 days, subject to customary conditions; no guarantee of completion.
Agreement contains standard representations, warranties, and indemnities for this type of transaction.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Braemar Hotels & Resorts Inc. entered into Agreement with BRDO Property, LLC, YNTV Property, LLC, 1776 Sarasota Associates, and 1776 Sarasota Golf Associates valued at $437.5 million (effective 2026-06-04).

Action: entry
Agreement: asset purchase
Counterparty: BRDO Property, LLC, YNTV Property, LLC, 1776 Sarasota Associates, and 1776 Sarasota Golf Associates
Value: $437.5 million
Effective: 2026-06-04

Exact text from the filing

On June 4, 2026, Ashford Yountville LP, Ashford Yountville II LP, Ashford Sarasota LP, Ashford TRS Sarasota Residence LLC, Ashford TRS Yountville LLC, Ashford TRS Yountville II LLC and Ashford TRS Sarasota LLC, indirect subsidiaries of Braemar Hotels & Resorts Inc. (the “ Company ”), entered into an Agreement of Purchase and Sale (the “ Agreement ”) with BRDO Property, LLC, YNTV Property, LLC, 1776 Sarasota Associates, and 1776 Sarasota Golf Associates, for the sale of: (i) The Ritz-Carlton Sarasota located in Sarasota, Florida, (ii) the Hotel Yountville located in Yountville, California, and (iii) the Bardessono Hotel and Spa located in Yountville, California for a total purchase price of $437.5 million in cash, subject to customary prorations and adjustments.

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Source: SEC EDGAR

accession 0001574085-26-000098

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