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Braemar Hotels & Resorts refinances Ritz-Carlton Lake Tahoe with $60 million loan

PUBT·11/03/2026 13:02:42
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Braemar Hotels & Resorts refinances Ritz-Carlton Lake Tahoe with $60 million loan
  • Braemar Hotels & Resorts refinanced the mortgage on its 170-room Ritz-Carlton Lake Tahoe hotel with a $60 million loan.
  • An additional $15 million is available for future draws, subject to conditions.
  • The refinancing replaces a $43.4 million outstanding mortgage due in January 2027.
  • The floating interest rate falls to SOFR + 2.65% from SOFR + 3.25%.
  • The three-year loan includes two one-year extension options; the company's next hard debt maturity is December 2028.


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. Braemar Hotel & Resorts Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY86044) on November 03, 2026, and is solely responsible for the information contained therein.