Company: BHR-PD
Filing Date: 2025-08-11
Form Type: 8-K
Source: 0001574085-25-000091
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Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-08-11
Form: 8-K
Item: Item 2.01
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ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

On August 7, 2025, Ashford Seattle Waterfront LP and Ashford TRS Seattle Waterfront LLC (together, “ Seller”), indirect subsidiaries of Braemar Hotels & Resorts Inc. (the “ Company”), completed the sale of the Marriott Seattle Waterfront hotel (the “Hotel”) pursuant to an Agreement of Purchase and Sale, dated as of July 3, 2025, by and among Seller and Seafront Fjord Owner, LLC, as purchaser, for $145 million in cash, subject to customary pro-rations and adjustments.

In conjunction with the sale, the Company paid down approximately $88.4 million of debt and retained approximately $50.8 million of net proceeds after payment of transfer taxes and transaction costs.

ITEM 7.01 REGULATION FD DISCLOSURE.