Ashfordcom Newswire

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Results 1 - 20 of 92 in Ashfordcom

  1. Ashford Trust commences stock offeringRead the original story

    Friday Jan 30 | M2.com

    The underwriter of the offering a 30-day option to purchase up to an additional 1.425 million shares of common stock. The company said it intends to use the net proceeds of the offering to fund a portion of the cost of its pending acquisitions of the Memphis Marriott East hotel, the Lakeway Resort & Spa and its joint venture partner's interest in PIM Highland JV.

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  2. Ashford Trust Launches Ashford Hospitality Select Dedicated to Premium Branded Select-Service HotelsRead the original story

    Thursday Jan 29 | Hotel News Resource

    Ashford Hospitality Trust, Inc. announced today that the Company's Board of Directors has approved the formation of Ashford Hospitality Select, Inc., a new privately-held company dedicated to investing primarily in existing premium branded, upscale and upper-midscale, select-service hotels, including extended stay hotels, in the United States. Ashford Select is expected to launch sometime in the first half of 2015.

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  3. Ashford Hospitality Trust announces new select-service platformRead the original story

    Thursday Jan 29 | SNL Financial

    Ashford Hospitality Trust intends to contribute a geographically diverse portfolio of 16 of its existing select-service hotels to Ashford Hospitality Select valued at approximately $331 million. The portfolio contains 2,560 total guestrooms and is operated under upscale or upper-midscale premium brands affiliated with Marriott International.

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  4. Ashford Trust Forms Ashford Hospitality SelectRead the original story w/Photo

    Thursday Jan 29 | Hotel Business

    Ashford Hospitality Trust, Inc.'s board of directors has approved the formation of Ashford Hospitality Select, Inc., a new privately held company dedicated to investing primarily in existing premium branded, upscale and upper-midscale, select-service hotels, including extended-stay hotels, in the United States. Ashford Select is expected to launch sometime in the first half of this year.

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  5. Ashford Hospitality: An Undervalued REIT Despite Interest Rate UncertaintyRead the original story w/Photo

    Wednesday Jan 28 | Seeking Alpha

    Analyzing the stock market, I find that many REITs are trading at an all-time high. Their Price/AFFO is also at an all-time high.

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  6. Insider Selling: Douglas A. Kessler Sells 3,044 Shares of Ashford Hospitality Trust StockRead the original story

    Monday Jan 26 | AmericanBankingNews.com

    Ashford Hospitality Trust President Douglas A. Kessler sold 3,044 shares of the company's stock on the open market in a transaction dated Monday, January 26th. The shares were sold at an average price of $11.03, for a total value of $33,575.32.

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  7. Ashtead Group plc Rating Reiterated by Jefferies GroupRead the original story

    Thursday Jan 22 | AmericanBankingNews.com

    's stock had its "buy" rating reissued by equities research analysts at Jefferies Group in a research note issued to investors on Thursday. They currently have a GBX 1,300 price objective on the stock.

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  8. Ashford Trust Buys Memphis Marriott EastRead the original story w/Photo

    Thursday Jan 22 | GlobeSt.com

    Ashford Hospitality Trust of Dallas has purchased the 232-room M emphis Marriott East here for $43 million. The deal calculates out to $187,500 per key.

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  9. Memphis Marriott East Sold For $43.5 MillionRead the original story w/Photo

    Wednesday Jan 21 | Hotel News Resource

    The acquisition is expected to close within the next 30 days. Upon closing, the property will be managed by Remington Lodging.

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  10. East Memphis hotel changes handsRead the original story w/Photo

    Tuesday Jan 20 | Business Journal

    A little more than two years after it was renovated and reopened, the Marriott Memphis East hotel has been acquired by Ashford Hospitality Trust Inc. The 232-room hotel was acquired in 2011 by Noble Investment Group , which bought and renovated it for an estimated $20 million. Previously a Holiday Inn Select , the hotel reopened as a Marriott in November 2012.

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  11. Ashford Trust Acquires Memphis Marriott EastRead the original story w/Photo

    Tuesday Jan 20 | Hotel Business

    Ashford Hospitality Trust, Inc. has signed a definitive agreement to acquire the 232-room Memphis Marriott East hotel for total consideration of $43.5 million in cash . The acquisition is expected to close within the next 30 days.

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  12. Dallas REIT to buy Lakeway Resort & Spa in Austin for $33.5MRead the original story w/Photo

    Monday Jan 12 | Business Journal

    The Lakeway Resort and Spa introduced a new restaurant during its extensive renovation named after Old West lawman Bat Masterson. Ashford Hospitality Trust , a Dallas-based real estate investment trust, is under contract to purchase the Lakeway Resort & Spa for $33.5 million.

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  13. Ashford Trust Acquires Lakeway Resort For $33.5MRead the original story w/Photo

    Monday Jan 12 | Hotel Business

    Ashford Hospitality Trust, Inc. signed a definitive agreement to acquire the Lakeway Resort & Spa for $33.5 million . The acquisition is expected to close within the next 30 days, according to the REIT.

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  14. A Uniquely Positioned REIT You Can Buy Under $10Read the original story w/Photo

    Monday Jan 12 | Seeking Alpha

    A few days ago I wrote an article in which I examined REITs that were trading around $10 per share. Within the list of REITs I surveyed 26 companies with a strategy of developing a $10 REIT portfolio for my newsletter subscribers.

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  15. Insider Selling: Ashford Hospitality Trust President Sells 15,000 Shares of StockRead the original story

    Dec 29, 2014 | AmericanBankingNews.com

    Ashford Hospitality Trust President Douglas A. Kessler sold 15,000 shares of the stock on the open market in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $10.95, for a total transaction of $164,250.00.

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  16. Ashford Hospitality Trust Given Average Rating of "Buy" by AnalystsRead the original story

    Dec 29, 2014 | AmericanBankingNews.com

    Ashford Hospitality Trust has been given an average rating of "Buy" by the eleven brokerages that are currently covering the stock, American Banking and Market News reports . Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company.

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  17. Insider Selling: Ashford Hospitality Trust President Sells 75,000 Shares of StockRead the original story

    Dec 23, 2014 | AmericanBankingNews.com

    Ashford Hospitality Trust President Douglas A. Kessler sold 75,000 shares of Ashford Hospitality Trust stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $10.87, for a total value of $815,250.00.

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  18. Thieves target hundreds of Dallas storage unitsRead the original story w/Photo

    Dec 22, 2014 | WFAA-TV Dallas

    Thieves target hundreds of Dallas storage units Police are asking for help identifying burglars who were caught on camera breaking into storage units. Check out this story on WFAA.com: A close-up of one of the burglar suspects from a surveillance camera at an Extra Space Storage facility in Dallas.

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  19. Ashford Trust To Acquire Prudential Real Estate Investors'...Read the original story

    Dec 22, 2014 | Hotel News Resource

    Ashford Hospitality Trust, Inc. and Prudential Real Estate Investors announced last week they have signed a definitive agreement in which Ashford Trust will acquire the remaining 28.26% ownership interest of the Highland Hospitality portfolio from its joint venture partner, a value-add fund managed by PREI. Ashford Hospitality Trust, Inc. and Prudential Real Estate Investors announced last week they have signed a definitive agreement in which Ashford Trust will acquire the remaining 28.26% ownership interest of the Highland Hospitality portfolio from its joint venture partner, a value-add fund managed by PREI.

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  20. Ashford Buys Out Pru in Highland PortfolioRead the original story w/Photo

    Dec 21, 2014 | GlobeSt.com

    "The very attractive attributes of this joint venture and restructured debt will be difficult for any competitor to replicate," says Ashford chairman & CEO Month Bennett. DALLAS- Ashford Hospitality Trust , headquartered here, and Prudential Real Estate Investors have signed an agreement for AHT to acquire the remaining 28.26% of ownership interest in the Highland Hospitality portfolio.

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