Inter-Office Team Assists Ashford Hospitality Trust with $415 Million Mortgage Loan Refinancing

1 min

Kelly Weiner and Brandt Mori led a Venable team in serving as local counsel to Ashford Hospitality Trust (NYSE: AHT) in Virginia and California in connection with Ashford’s refinancing a $415 million mortgage loan through JP Morgan Chase. The loan is secured by 18 hotels across seven states, including six hotels in California and one hotel in Virginia. Will Weaver​, Jimmy Dvorak​, Andy Schmerzler and Doug McDonald​ also assisted with the transaction.

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.

Read the complete press release here.