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Braemar Hotels & Resorts closes $358 million refinancing for four hotels

PUBT·11/10/2026 21:40:48
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Braemar Hotels & Resorts closes $358 million refinancing for four hotels
  • Braemar Hotels & Resorts closed a $358 million CMBS loan secured by four hotels.
  • The interest-only loan has a two-year initial term, with three conditional one-year extension options taking final maturity to November 2031.
  • Pricing is SOFR + 2.37%, reducing the refinanced loans’ weighted-average spread by approximately 104 basis points from approximately 3.41%.
  • The refinancing replaces two CMBS loans with combined outstanding balances of approximately $290.4 million as of September 30, 2026.
  • The new loan balance is $42 million below the $400 million estimate in the October 2026 investor presentation.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braemar Hotel & Resorts Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY94393) on November 10, 2026, and is solely responsible for the information contained therein.