Hotel REIT Tees Up Asset Sales To Combat Debt Difficulties

By Charlie Innis · January 31, 2024, 5:44 PM EST

The real estate investment trust Ashford Hospitality Trust said Wednesday that it plans to shed 12 hotels from its books and refinance several loans, as the company faces $3.6 billion of...

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Case Information

Case Title

Wilmington Trust, National Association v. Ashford Tipton Lakes LP et al

Case Number

1:23-cv-09989

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

November 13, 2023