Ashford Prime Completes Refinancing Of $196 Million Loan

(AHP) ("Ashford Prime" or the "Company") today announced it has successfully refinanced its Aareal Capital mortgage loan, which had an existing outstanding balance of $196 million and a final maturity date in February 2018. The mortgage loan remains secured by the same two hotels: the Capital Hilton in Washington, DC and Hilton La Jolla Torrey Pines in La Jolla, CA.

Read More at Yahoo! Finance

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