Block Nine Owner, LLC /
The Clancy hotel
Block Nine Owner agrees to buy The Clancy hotel from Braemar subsidiaries




Source for the buyer and target: Braemar Hotels & Resorts Inc.
For the buyer and target.
“On October 6, 2025, Ashford San Francisco II LP and Ashford TRS SF LLC, indirect subsidiaries of Braemar Hotels & Resorts Inc. (the “ Company ”), entered into an Agreement of Purchase and Sale (the “ Agreement ”) with Block Nine Owner, LLC for the sale of The Clancy hotel located in San Francisco, California for $115 million in cash, subject to customary pro-rations and adjustments.”
Published 7 Oct 2025
Open the sourceWhat happened
Braemar Hotels & Resorts Inc. said Ashford San Francisco II LP and Ashford TRS SF LLC entered into an agreement with Block Nine Owner, LLC to sell The Clancy hotel in San Francisco, California. The sale is for $115 million in cash. [01]
The transaction is expected to close in November 2025, subject to customary conditions. [01]
The source
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Block Nine Owner agrees to buy The Clancy hotel from Braemar subsidiaries
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Open the sourceTimeline
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Expected close
“The transaction is expected to close in November 2025, subject to customary conditions”
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