Ashford hospitality trust announces extension of mortgage loan secured by the le pavillon hotel

Dallas , dec. 19, 2024 /prnewswire/ -- ashford hospitality trust, inc. (nyse: aht) ("ashford trust" or the "company") announced today that it has successfully extended its mortgage loan secured by the 226-room le pavillon hotel located in new orleans, louisiana. the loan had an initial maturity date in december of 2024 and has two additional one-year extension options, subject to the satisfaction of certain conditions, with a final maturity date in december 2027.
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