Braemar Hotels Sells The Clancy San Francisco for $115 Million

Reuters
2025.11.07 11:04
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Braemar Hotels & Resorts Inc. has sold The Clancy, a 410-room hotel in San Francisco, for $115 million, reflecting a 5.2% capitalization rate based on the property’s net operating income for the year ending September 30, 2025. Post-sale, Braemar reduced its debt by approximately $64.7 million and retained about $43.7 million in net proceeds after transaction costs.

Braemar Hotels & Resorts Inc. has completed the sale of The Clancy, a 410-room hotel in San Francisco, for $115 million. The sale price represents a 5.2% capitalization rate on the property’s net operating income for the twelve months ended September 30, 2025. Following the transaction, Braemar paid down approximately $64.7 million of debt and retained around $43.7 million in net proceeds after transaction costs. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001574085-25-000121), on November 07, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here