An update from Ashford Hospitality ( (AHT) ) is now available.
On February 26, 2025, Ashford Hospitality Trust announced the successful extension of its mortgage loan for the Hotel Indigo Atlanta Midtown. Originally set to mature in December 2024, the loan now has an initial maturity in February 2026, with an option for a one-year extension until February 2027, maintaining a balance of $12.3 million at a floating interest rate of SOFR + 2.85%. This extension provides Ashford Trust with enhanced financial flexibility and stability in managing its real estate investments, potentially strengthening its market position in the upscale hotel sector.
More about Ashford Hospitality
Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.
YTD Price Performance: 14.23%
Average Trading Volume: 45,781
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $46.98M
Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.