Braemar Hotels & Resorts Inc. filed a Form 8-K on November 3, 2026, disclosing the completed sale of the Four Seasons Resort Scottsdale in Scottsdale, Arizona for $372.0 million in cash, with the transaction closing on October 28, 2026.

Key Highlights

  • Sale price: $372.0 million in cash, subject to customary prorations and adjustments, according to the filing.
  • Closing date: The transaction closed on October 28, 2026.
  • Purchaser: Evergreen Acquisitions, LLC, a Delaware limited liability company.
  • Sellers: Indirect subsidiaries BHR Scottsdale LP, BHR Scottsdale Storage LLC, and BHR TRS Scottsdale LLC completed the sale.
  • Purchase agreement date: The Agreement of Purchase and Sale was dated September 23, 2026.
  • Pro forma financials: Unaudited pro forma financial information as of and for the six months ended June 30, 2026, and for the year ended December 31, 2025, was attached as Exhibit 99.2.

Braemar Hotels Completes $372 Million Four Seasons Scottsdale Disposition

Braemar Hotels & Resorts Inc. (NYSE:BHR) reported in its Form 8-K, filed November 3, 2026, that three of its indirect subsidiaries completed the sale of the Four Seasons Resort Scottsdale to Evergreen Acquisitions, LLC on October 28, 2026. The filing identifies the selling entities as BHR Scottsdale LP, BHR Scottsdale Storage LLC, and BHR TRS Scottsdale LLC. The purchase price was $372.0 million in cash, "subject to customary prorations and adjustments," as stated in the filing.

The underlying Agreement of Purchase and Sale was dated September 23, 2026, according to the filing, indicating the parties entered into the agreement approximately five weeks before closing. The company also issued a press release on November 3, 2026, announcing the closing; that press release was attached as Exhibit 99.1 and furnished, rather than filed, under Item 7.01 Regulation FD Disclosure.

In connection with the transaction, the company included unaudited pro forma financial information as Exhibit 99.2, covering the period as of and for the six months ended June 30, 2026, and for the year ended December 31, 2025. The filing was signed by Jim Plohg, Executive Vice President, General Counsel & Secretary of Braemar Hotels & Resorts Inc.

What Was Disclosed

The Form 8-K discloses the completed disposition of the Four Seasons Resort Scottsdale for $372.0 million in cash, identifies the buyer as Evergreen Acquisitions, LLC, states the closing date as October 28, 2026, and attaches pro forma financial information and a press release as exhibits.