StocksMedium•10 November 2026•
1 min read
Braemar Hotels Closes $358M CMBS Loan to Refinance Four Luxury Properties
Key Facts
1Braemar Hotels & Resorts closed a new $358.0 million CMBS loan secured by four of its hotel properties.
Braemar Hotels & Resorts closed a new $358.0 million CMBS loan secured by four of its hotel properties. PR Newswire reported that the financing carries a floating interest rate of SOFR + 2.37% and is intended to manage the company's debt structure and liquidity.
The refinancing provides a two-year initial term with extension options reaching until 2031, reducing immediate maturity risks for the REIT. BHR closed at $1.61 on November 9, 2026, with the stock trading between a low of $1.51 and a high of $1.62 during that session.