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Published 6 days ago • loading... • Updated 6 days ago

BRAEMAR HOTELS & RESORTS ANNOUNCES SALE OF MARRIOTT SEATTLE WATERFRONT - Braemar Hotels & Resorts (NYSE:BHR)

Summary by Benzinga

DALLAS, Aug. 11, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE:BHR) ("Braemar" or the "Company") today announced that it has closed on the previously announced sale of the 369-room Marriott Seattle Waterfront in Seattle for $145 million ($393,000 per key). Including anticipated capital expenditures of $7 million, the sale price represents an 8.1% capitalization rate on net operating income for the trailing 12 months ended May 31, 2025…

2 Articles

2 Articles

Braemar Hotels & Resorts sells Seattle Marriott for $145M

Marriott Seattle Waterfront will be the real estate investment trust’s last asset sale of 2025 amid a softer hotel transaction market.

6 days ago

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BRAEMAR HOTELS & RESORTS ANNOUNCES SALE OF MARRIOTT SEATTLE WATERFRONT - Braemar Hotels & Resorts (NYSE:BHR)

DALLAS, Aug. 11, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE:BHR) ("Braemar" or the "Company") today announced that it has closed on the previously announced sale of the 369-room Marriott Seattle Waterfront in Seattle for $145 million ($393,000 per key). Including anticipated capital expenditures of $7 million, the sale price represents an 8.1% capitalization rate on net operating income for the trailing 12 months ended May 31, 2025…

6 days ago·New York, United States

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Benzinga broke the news in New York, United States 6 days ago on Monday, August 11, 2025.

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