Ashford Hospitality Trust Extends Loan for Hotel Indigo Atlanta Midtown
Loan extension secures financial stability for the 141-room property in Atlanta.
February 27, 2025
Ashford Hospitality Trust has locked in more time on its mortgage loan for Hotel Indigo Atlanta Midtown, extending the maturity date and securing additional financial flexibility. Originally set to mature in December 2024, the loan now runs through February 2026, with an option to extend for another year if certain conditions are met.
The $12.3 million loan remains at a floating rate of SOFR plus 2.85 percent. By restructuring the terms, Ashford maintains control over its capital strategy while keeping the property well-positioned in a competitive market.
>Strategic Location and Market Positioning
Hotel Indigo Atlanta Midtown sits in a prime location, surrounded by corporate offices, entertainment venues, and transit hubs. The loan extension ensures continued financial stability as the company navigates shifting market dynamics and evolving demand trends.
>Financial Strategy and Outlook
This move is part of a broader approach to managing debt maturities and optimizing Ashford’s portfolio. With a clear runway ahead, the company keeps its focus on liquidity, capital efficiency, and long-term asset performance.
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