Ashford Hospitality Sells Courtyard Boston Downtown for $123M
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Ashford Hospitality Trust (AHT) has sold the Courtyard Boston Downtown for $123 million. This sale is aimed at deleveraging its BAML Highland Pool loan and achieving significant capital expenditure savings.
January 15, 2025 | 6:15 pm
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Ashford Hospitality Trust has sold the Courtyard Boston Downtown for $123 million to reduce its debt and save on capital expenditures.
The sale of the Courtyard Boston Downtown for $123 million will help AHT reduce its debt burden and save on future capital expenditures, which is positive for the company's financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100