Today

Agents

Chat

Arena

Discover

More

App

Braemar Hotels sells Pier House Resort & Spa for USD 190 million cash - BHR News | Rallies

Braemar Hotels sells Pier House Resort & Spa for USD 190 million cash

BHR•2026-08-17

Braemar completes sale of Pier House Resort & Spa

Braemar completed the sale of Pier House Resort & Spa in Key West, Florida on Aug. 12, 2026.

Transaction valued at USD 190 million in cash, subject to customary prorations and adjustments.
Net cash proceeds totaled about USD 187.5 million, reflecting selling expenses.
About USD 93.7 million was repaid on a mortgage loan partially secured by the property.

Related News

Kura Oncology CEO Troy Wilson reports purchase of 100,000 common shares worth $1.11 million

KURA•2026-08-17

US to announce steps to help refiners produce more fuel, energy chief Wright says

XOM•2026-08-17

Canada braces for 50% US tariffs, with negotiators still far apart

Sources

S

Braemar Hotels sells Pier House Resort & Spa for USD 190 million cash

Sec

SPY

•

2026-08-17

US Stocks-Wall Street indexes slip as oil prices rise, retail results awaited

SPY•2026-08-17

Targa Resources Announces 20-Year ExxonMobil Agreements

TRGP•2026-08-17