SEC Filing Summary: Ashford Hospitality Trust, Inc.
Business Context and Reporting Period
This Form 8-K Current Report was filed by Ashford Hospitality Trust, Inc. on June 1, 2005, covering the date of the earliest event reported on May 31, 2005. The filing serves as a Regulation FD disclosure regarding a specific lending activity.
Key Financial Metrics
The filing discloses the origination of a single mezzanine loan with the following details:
- Loan Amount: $8.5 million
- Collateral Property: Embassy Suites Anaheim in Garden Grove, California
- Loan Type: Mezzanine loan
The filing text does not provide clear values for total revenue, profit, cash flow, margins, aggregate debt, or liquidity metrics for the reporting period.
Material Changes
The material change reported is the expansion of the Company's loan portfolio through the new $8.5 million mezzanine loan origination. No comparative financial data or changes versus prior periods are included in this specific filing.
Guidance, Outlook, and Risks
Management commentary is limited to the announcement of the loan origination. The filing does not contain forward-looking guidance, updated outlooks, specific risk factors, contingencies, or unusual items beyond the disclosed transaction.
Investor Verification Checklist
- Verify the terms and interest rate of the $8.5 million mezzanine loan on Embassy Suites Anaheim.
- Confirm the current occupancy and revenue performance of the Garden Grove, California property.
- Review the Company's total loan portfolio size to assess the impact of this single transaction.
- Check subsequent filings for any updates on the loan's performance or the property's status.