Ashford securities announces initial sales for its second investment product

Dallas , april 4, 2023 /prnewswire/ -- ashford securities llc ("ashford securities"), a wholly-owned subsidiary of ashford inc. (nyse american: ainc) ("ashford"), continues to receive strong interest from the investment community for its recently launched product, shares of series j redeemable preferred stock (brokerage shares) and series k redeemable preferred stock (advisory shares) of ashford hospitality trust, inc. (nyse: aht) ("ashford trust"). in total, ashford trust has sold more than $13.3 million of its series j and series k redeemable preferred stock through ashford securities as dealer manager since the offering commenced, including $9.1 million in march of 2023.
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