Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
Lodging
APRIL 29, 2024
announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 The sale price represented a 6.0 percent capitalization rate on trailing 12-month net operating income through March 2024. DALLAS, Texas—Ashford Hospitality Trust, Inc. million ($95,300 per key).
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