Braemar Hotels & Resorts Inc. filings document the regulatory record of a Maryland REIT that owns luxury hotel and resort assets and reports as a public company with NYSE-listed common stock and listed Series B and Series D preferred stock. Its Form 8-K filings include operating and financial results, hotel performance metrics, Regulation FD dividend releases, material agreements, and other event disclosures.
The filing record also covers the externally advised structure involving Braemar Hospitality Limited Partnership, Braemar TRS Corporation, Ashford Inc., and Ashford Hospitality Advisors LLC. Disclosures address the advisory agreement, preferred-stock dividend treatment across Series B, Series D, Series E, and Series M securities, liquidation-value reporting for non-traded redeemable preferred stock, governance matters, officer-transition reporting, exhibits, and Inline XBRL cover-page data.
Braemar Hotels & Resorts (BHR): BlackRock, Inc. filed Amendment No. 9 to Schedule 13G reporting beneficial ownership of 4,450,138 shares of common stock, representing 6.5% of the class as of September 30, 2025.
BlackRock reports sole voting power over 4,345,657 shares and sole dispositive power over 4,450,138 shares. The filing certifies the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Braemar Hotels & Resorts Inc. (BHR) announced the resignation of Alex Rose, its Executive Vice President, General Counsel & Secretary. His resignation was tendered on October 14, 2025 and will be effective December 16, 2025.
The company stated the departure was not the result of any disagreement regarding operations, policies, or practices. The report was signed by Chief Financial Officer Deric Eubanks.
Braemar Hotels & Resorts (BHR) announced that its Board declared fourth-quarter 2025 dividends. The dividends apply to common stock, 5.5% Series B Cumulative Convertible Preferred, 8.25% Series D Cumulative Preferred, Series E Redeemable Preferred, and Series M Redeemable Preferred. The company furnished a press release with details as Exhibit 99.1.
As context, 12,697,673 shares of Series E Redeemable Preferred Stock and 1,404,544 shares of Series M Redeemable Preferred Stock were issued and outstanding as of September 30, 2025.
Braemar Hotels & Resorts Inc. has agreed to sell The Clancy hotel in San Francisco, California for $115 million in cash. The agreement was signed on October 6, 2025 between the company’s indirect subsidiaries, Ashford San Francisco II LP and Ashford TRS SF LLC, and buyer Block Nine Owner, LLC.
The sale price is subject to customary prorations and adjustments, and the transaction is expected to close in the fourth quarter of 2025, provided standard closing conditions are satisfied. The agreement includes customary terms, covenants, representations, warranties, and indemnities for a hotel sale of this type, and the company notes there is no assurance the sale will be completed on these terms or at all.
Braemar Hotels & Resorts Inc. (BHR) Form 3 filed by director Babak (Bob) Ghassemieh discloses his initial ownership stake and related indirect interests. He directly holds 45,207 shares of common stock and reports indirect interests including 3,330 shares via spouse, 200 via son, 200 via daughter, 25,000 via the Bob Ghassemieh 2021 Children\'s Trust, 20,000 via the Lillian Ghassemieh 2021 Children\'s Trust, and 20,000 via BL PCH LLC. He also reports beneficial interests in 2,005 common shares underlying Series B preferred and 2,500,000 common partnership units held indirectly through Morning View Hotels BH I, LLC.
Stockton Richard J reported open-market purchase transactions in a Form 4 filing for BHR. The filing lists transactions totaling 8,002 shares at a weighted average price of $15.71 per share. Following the reported transactions, holdings were 16,152 shares.
Amendment to Schedule 13D for Braemar Hotels & Resorts, Inc. (BHR) updates ownership and discloses a Cooperation Agreement dated August 25, 2025, under which the Issuer agreed to appoint Bob (Babak) Ghassemieh to the board and the Reporting Persons withdrew a prior director nomination for the 2025 meeting. The amendment states the Group Agreement terminated, and Samuel J. Jagger ceases to be a reporting person. The Reporting Persons are subject to standstill and voting restrictions during a defined Restricted Period. The filing reports aggregate beneficial ownership of 5,153,591 shares (≈7.3%) by the group, with Morning View Hotels holding 2,500,000 shares (≈3.6%) and Bob Ghassemieh beneficially owning 2,615,942 shares (≈3.7%). The filing references the Issuer's announcement that it is initiating a sale process and an Advisory Agreement amendment providing a $480 million termination fee payable to Ashford in certain change-of-control scenarios.
Braemar Hotels & Resorts Inc. entered a Letter Agreement with its external advisor, Ashford Inc., related to the Fifth Amended and Restated Advisory Agreement as the Board explores a potential sale of the company. Under the Letter Agreement the Advisor received a $17 million payment upon execution; that payment will be credited against amounts due under the Advisory Agreement if the company does not complete a qualifying sale by July 1, 2028. The definitive sale documentation will require the buyer to assume two master agreements: the master project management agreement with Premier Project Management, LLC and the master hotel management agreement with Remington Lodging & Hospitality, LLC. The special committee and independent directors negotiated that a buyer may instead cancel those Master Agreements by paying an additional $25 million to the Advisor at closing. The filing references the Advisory Agreement (dated April 23, 2018), the August 26, 2025 Letter Agreement, a press release dated August 26, 2025, and an Inline XBRL cover page file as exhibits.
Braemar Hotels & Resorts, Inc. filed an 8-K that lists two exhibits: an agreement dated August 25, 2025 among Braemar and other signatories, and a press release dated August 26, 2025. The filing is signed by Alex Rose, Executive Vice President, General Counsel and Secretary. No financial tables, earnings figures, or transaction values are included in the provided text, and the filing content here consists mainly of the exhibit references and signature block.
Braemar Hotels & Resorts Inc. refinanced the mortgage loan on the Four Seasons Resort Scottsdale at Troon North. The prior loan had a $140 million balance, carried interest at SOFR + 3.75%, and was scheduled to mature in December 2028.
The new non-recourse loan from Aareal Capital Corporation has a $180 million balance and a lower spread of SOFR + 3.00%. It features a three-year initial term with two additional one-year extension options, which are available if certain conditions are satisfied.