Ashford Trust sells Austin hotel for $26.9M, pays down $25.7M mortgage debt

Filed June 23, 2026 · Period ending June 18, 2026 · ~1 min read

Key Changes

• medium

  Sold 254-room Hilton Garden Inn Austin Downtown for $26.85 million cash to JMIR Acquisitions on June 18, 2026, following agreement signed April 30, 2026.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →
• medium

  Used approximately $25.7 million of sale proceeds to pay down mortgage debt secured by 17 hotels including the sold property.

  Exhibit 99.1 verify on EDGAR →