Company: BHR-PD
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001574085-25-000051
Chunk: 14

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 14
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controlling interests in operating partnership(21)Income (loss) before income taxes attributable to the Company$247 

6. Indebtedness, net

Indebtedness, net consisted of the following (dollars in thousands):IndebtednessCollateralCurrent MaturityFinal Maturity (9)Interest RateMarch 31, 2025December 31, 2024Mortgage loan (2) (3)The Notary HotelJune 2025June 2025SOFR (1) + 2.66% $— $293,180 The ClancySofitel Chicago Magnificent MileMarriott Seattle WaterfrontMortgage loan (4)The Ritz-Carlton Lake TahoeJuly 2025January 2026SOFR (1) + 3.25%43,413 53,413 Mortgage loan (5)Park Hyatt Beaver Creek Resort & SpaFebruary 2026February 2027SOFR (1) + 2.86%70,500 70,500 Mortgage loan (3)The Ritz-Carlton Reserve Dorado BeachMarch 2026March 2026SOFR (1) + 4.75%— 62,000 Convertible Senior NotesEquityJune 2026June 20264.50%86,250 86,250 Mortgage loan (6)Bardessono Hotel & SpaAugust 2026August 2029SOFR (1) + 3.24%407,000 407,000 Hotel YountvilleThe Ritz-Carlton SarasotaPier House Resort & SpaThe Ritz-Carlton St. ThomasMortgage loan (7)Four Seasons Resort ScottsdaleDecember 2026December 2028SOFR (1) + 3.75%140,000 140,000 Mortgage loan (8)Capital HiltonDecember 2026December 2028SOFR (1) + 3.75%110,600 110,600 Mortgage loan (3)The Notary HotelMarch 2027March 2030SOFR (1) + 2.52% 363,000 — The ClancySofitel Chicago Magnificent MileMarriott Seattle WaterfrontThe Ritz-Carlton Reserve Dorado Beach1,220,763 1,222,943 Deferred loan costs, net(17,316