Agreement signedPublished 7 Oct 2025

Block Nine Owner, LLC /
The Clancy hotel

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

Buy side: Block Nine Owner, LLC
Buy sideBlock Nine Owner, LLC
Target: The Clancy hotel
TargetThe Clancy hotel
Braemar Hotels & Resorts Inc. · 7 Oct 2025Source
Buy side: Block Nine Owner, LLC
Buy sideBlock Nine Owner, LLC
Target: The Clancy hotel
TargetThe Clancy hotel
01 / BuyerBlock Nine Owner, LLC
02 / TargetThe Clancy hotel
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

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01

What 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]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Braemar Hotels & Resorts Inc.

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

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by Braemar Hotels & Resorts Inc.

    The source this page is built from.

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  2. Expected close

    “The transaction is expected to close in November 2025, subject to customary conditions”

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