The latest announcement is out from Ashford Hospitality Trust (AHT).
The Company’s subsidiary successfully sold the Residence Inn Salt Lake City to PEG Properties, LLC for $19.2 million, a deal that was finalized on March 6, 2024. This transaction was part of an agreement dating back to December 2023 and was concluded with standard financial adjustments. Shortly thereafter, the Company publicized the sale’s completion on March 11, 2024, underscoring its significance in the financial market without the details being considered officially filed for regulatory purposes.
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