Ashford Hospitality Trust sells 220-room Embassy Suites Las Vegas for about $42.7 million
AHT•Ashford Hospitality Trust closed the sale of the 220-room Embassy Suites Las Vegas on Sept. 25, 2026, for about $42.7 million in cash net of expenses. About $41.2 million was paid to a mortgage lender.
1. Sale proceeds and debt
Ashford Hospitality Trust said it closed the sale of the 220-room Embassy Suites Las Vegas on Sept. 25, 2026, for about $42.7 million in cash net of selling expenses. About $41.2 million of the proceeds went to a mortgage lender. The mortgage loan is secured by seven hotels, including the Embassy Suites Las Vegas.
Related News
Venture Global signs 20-year LNG supply deal with ConocoPhillips for 1 million tonnes a year starting 2030
VG•
US Navy awards RTX's Raytheon $24.4 billion contract for Standard Missile-6
RTX•
