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Get filing alertsAshford Hospitality Trust sells Hyatt Regency Long Island for $26.2M, pays down mortgage
Filed August 6, 2026 · Period ending July 31, 2026 · ~1 min read
Key Changes
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AHT sold the 358-room Hyatt Regency Long Island in Hauppauge, NY for $26.2M cash (net of selling expenses) on July 31, 2026.
Item 2.01 verify on EDGAR → -
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The company used $25.7M of the proceeds to pay down a mortgage loan that was secured by 15 hotels including the sold property.
Exhibit 99.1 view on EDGAR →
Summary
Ashford Hospitality Trust completed the sale of the Hyatt Regency Long Island, a 358-room hotel in Hauppauge, New York, for approximately $26.2 million in cash after selling expenses. The transaction closed on July 31, 2026 through an indirect wholly owned subsidiary pursuant to a purchase agreement originally dated April 8, 2026. The company immediately applied $25.7 million of the proceeds to pay down a mortgage loan that had been secured by 15 hotels including the sold property.
This leaves approximately $500,000 in net proceeds after debt repayment. The sale represents a modest portfolio reduction for the REIT, with the bulk of the proceeds used to reduce leverage rather than generate cash for other purposes.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 7, 2026 · How we verify