Braemar Hotels extends USD 43.4 million Ritz-Carlton Lake Tahoe mortgage loan to Oct. 15

Braemar Hotels & Resorts, Inc.

BHR

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Braemar Hotels & Resorts extended a USD 43.4 million mortgage loan secured by the 170-room Ritz-Carlton Lake Tahoe.
Maturity moved to Oct. 15, 2026 from July 15, 2026; pricing set at SOFR + 325 basis points.
Includes an optional additional three-month extension at the company’s discretion on the same terms.
Extension covers Braemar’s only remaining 2026 debt maturity; management expects to refinance the loan later this year.

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