Business Context and Reporting Period
Company: Ashford Hospitality Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: October 4, 2005
Reporting Period: Event-based disclosure for activities occurring on October 4, 2005.
Key Financial Metrics
This filing is a Regulation FD disclosure regarding a specific lending activity and does not contain comprehensive financial statements, revenue, profit, cash flow, or margin data.
- Loan Origination: $3.0 million mezzanine loan.
- Collateral Property: Doubletree Albuquerque, located in Albuquerque, New Mexico.
Material Changes
The filing discloses the origination of a new $3.0 million mezzanine loan. No comparative financial data or material changes to prior period financial results are provided in this document.
Guidance, Outlook, and Risks
Management Commentary: The Company issued a press release (Exhibit 99.1) announcing the specific loan origination.
Outlook and Risks: The filing text does not provide forward-looking guidance, general risk factors, or discussion of contingencies beyond the specific transaction disclosed.
Investor Verification Checklist
- Verify the terms and interest rate of the $3.0 million mezzanine loan on the Doubletree Albuquerque.
- Review the full text of the press release attached as Exhibit 99.1 for additional transaction details.
- Check subsequent filings for the impact of this loan on the Company's overall loan portfolio and liquidity.