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Ashford Hospitality Trust Inc., which has been paring its portfolio as it faces the maturity of more than $2.55 billion of debt this year and next, has launched a private REIT that it has seeded with four of its select-service properties. The Dallas company also is raising preferred equity, as well as refinancing and selling properties.
The post Ashford Hospitality Launches Private REIT, Raises Capital appeared first on Commercial Real Estate Direct.
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