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BRAEMAR HOTELS & RESORTS ANNOUNCES AGREEMENT TO SELL THE CLANCY

Provided By PR Newswire

Last update: Oct 7, 2025

DALLAS, Oct. 7, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has entered into a definitive agreement to sell the 410-room The Clancy in San Francisco for $115 million ($280,487 per key) and has received a $3.5 million non-refundable earnest money deposit. The sale price represents a 5.0% capitalization rate on net operating income for the trailing 12 months ended August 2025.

Read more at prnewswire.com

BRAEMAR HOTELS & RESORTS INC

NYSE:BHR (10/22/2025, 8:17:40 PM)

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