Braemar hotels & resorts announces an extension on its mortgage loan for the ritz-carlton sarasota

Dallas , april 10, 2023 /prnewswire/ -- braemar hotels & resorts inc. (nyse: bhr) ("braemar" or the "company") announced that it has finalized an extension of its $98.0 million mortgage loan for the 276-room the ritz-carlton sarasota. the loan is being extended beyond its original maturity in april 2023 for an additional 6 months with one additional 6-month extension available.
BHR Ratings Summary
BHR Quant Ranking