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Braemar Hotels Resorts Agrees to Sell Four Seasons Resort Scottsdale for $372 Million

CRE Daily ·

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BHR Braemar Hotels & Resorts Inc
$1.25 +0.81%
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  1. 1The sale price of Four Seasons Scottsdale by Braemar Hotels Resorts is $372 million.
  2. 2Braemar Hotels Resorts has reached a total hotel sale amount of approximately $1 billion.
  3. 3Braemar Hotels Resorts has agreed to pay $480 million in closing fees.

So what's the key point?

Braemar Hotels Resorts has agreed to sell Four Seasons Resort Scottsdale for $372 million. With this sale, the company's total hotel sales have reached approximately $1 billion.

Source CRE Daily · View original ↗

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