Welcome to our dedicated page for Braemar Hotels & Resorts news (Ticker: BHR), a resource for investors and traders seeking the latest updates and insights on Braemar Hotels & Resorts stock.
Braemar Hotels & Resorts Inc (BHR) maintains a curated news hub for investors tracking this luxury hotel-focused REIT. Our repository aggregates official announcements and market analysis related to strategic acquisitions, quarterly earnings, brand partnerships, and leadership developments.
Access verified updates about BHR's portfolio of Marriott- and Hilton-affiliated properties, capital management strategies, and hospitality sector positioning. The collection serves investors seeking to monitor revenue streams from rooms, dining, and premium amenities across key markets like California and Florida.
Content spans operational updates, asset transactions, and industry commentary – all organized for efficient research. Bookmark this page for direct access to BHR's evolving story in luxury hospitality investments without promotional bias.
Braemar Hotels & Resorts (NYSE: BHR) has finalized an extension of its $51.0 million mortgage loan for the Hotel Yountville, extending the maturity for an additional 6 months, with a potential further 6-month extension. The loan will have an interest rate of SOFR + 2.55%, increasing to SOFR + 3.50% on July 1, 2023. Coinciding with this extension, Braemar purchased a SOFR interest rate cap at a strike of 5.25% expiring on November 10, 2023. The company is also negotiating an extension or refinancing for another mortgage due in August 2023. CEO Richard J. Stockton expressed optimism about the refinancing program and future announcements related to their liability management efforts.
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