Ashford Hospitality (AHT) has issued an announcement.
Ashford Kennesaw I LP and Ashford Kennesaw II LP, subsidiaries of a parent company, sold two hotel properties in Kennesaw, Georgia for a combined sum of $17.5 million. The Fairfield Inn and SpringHill Suites transactions were completed on June 10, 2024, with the sales announced via a press release on June 13. The deals were settled in cash with standard adjustments, marking a significant real estate move in the hospitality sector.
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