Company: BHR-PD
Filing Date: 2025-11-07
Form Type: 8-K
Source: 0001574085-25-000121
Chunk: 0

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-11-07
Form: 8-K
Item: Item 2.01
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ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

On November 6, 2025, Ashford San Francisco II LP and Ashford TRS SF LLC (together “ Seller”), indirect subsidiaries of Braemar Hotels & Resorts Inc. (the “ Company”), completed the sale of The Clancy (the “Hotel”) pursuant to an Agreement of Purchase and Sale, dated as of October 6, 2025, by and among Seller and Block Nine Owner, LLC, as purchaser, for $115 million in cash, subject to customary pro-rations and adjustments.

In conjunction with the sale, the Company paid down approximately $64.7 million of debt and retained approximately $43.7 million of net proceeds after payment of transfer taxes and transaction costs.

ITEM 7.01 REGULATION FD DISCLOSURE.