Ashford Trust sells Hyatt Regency Long Island for USD 26.2 million cash net of expenses

Reuters2026/08/06 22:07

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Ashford Hospitality Trust closed the sale of the 358-room Hyatt Regency Long Island in Hauppauge, New York on July 31, 2026.
Total consideration of about USD 26.2 million in cash, net of selling expenses.
Proceeds used to pay about USD 25.7 million to a mortgage lender tied to a loan secured by 15 hotels.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ashford Hospitality Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001232582-26-000172), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ashford Trust sells Hyatt Regency Long Island for USD 26.2 million cash net of expenses

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