Ashford Hospitality Trust sells Embassy Suites Las Vegas for $42.7 million in cash
On September 25, 2026, an indirect subsidiary of Ashford Hospitality Trust completed the sale of the 220-room Embassy Suites Las Vegas for about $42.7 million in cash, net of selling expenses. The company paid about $41.2 million of the proceeds to the mortgage lender, and the filing's pro forma figures show the sale would have reduced the 2025 net loss to common stockholders, mainly through a preliminary non-recurring gain.
Key points
- Sale completed September 25, 2026, under an agreement dated August 27, 2026, with buyer 4315 Hospitality LLC
- Net cash consideration of about $42.7 million; about $41.2 million paid to the mortgage lender, which is also secured by seven other hotels
- Pro forma 2025 net loss attributable to common stockholders of $184.3 million, versus $215.0 million as reported; the pro forma gain is preliminary
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.