ClosedPublished 23 Jun 2026

JMIR Acquisitions, LLC /
Hilton Garden Inn Austin Downtown

Ashford sells Austin hotel to JMIR Acquisitions

Buy side: JMIR Acquisitions, LLC
Buy sideJMIR Acquisitions, LLC
Target: Hilton Garden Inn Austin Downtown
TargetHilton Garden Inn Austin Downtown
Ashford Hospitality Trust, Inc. · 23 Jun 2026Source
Buy side: JMIR Acquisitions, LLC
Buy sideJMIR Acquisitions, LLC
Target: Hilton Garden Inn Austin Downtown
TargetHilton Garden Inn Austin Downtown
01 / BuyerJMIR Acquisitions, LLC
02 / TargetHilton Garden Inn Austin Downtown
Source for the buyer and target: Ashford Hospitality Trust, Inc.

For the buyer and target.

“On June 18, 2026, HH Austin Hotel Associates, L.P., an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Hilton Garden Inn Austin Downtown located in Austin, Texas pursuant to an Agreement of Purchase and Sale, dated as of April 30, 2026, by and between HH Austin Hotel Associates, L.P, as seller, and JMIR Acquisitions, LLC, as purchaser, for $26.85 million in cash, subject to customary pro-rations and adjustments.”

Published 23 Jun 2026

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01

What happened

Ashford Hospitality Trust said its indirect subsidiary, HH Austin Hotel Associates, L.P., completed the sale of the Hilton Garden Inn Austin Downtown in Austin, Texas on June 18, 2026. The buyer, JMIR Acquisitions, LLC, paid $26.85 million in cash under an agreement dated April 30, 2026, subject to customary pro-rations and adjustments. [01]

The filing also includes unaudited pro forma financial information for the company as of March 31, 2026, and for the year ended December 31, 2025, which reflects the removal of the hotel and a preliminary non-recurring gain. [01]

02

The source

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

01
Source · Ashford Hospitality Trust, Inc.

Ashford sells Austin hotel to JMIR Acquisitions

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. Also stated

    “The filing also includes unaudited pro forma financial information for the company as of March 31, 2026, and for the year ended December 31, 2025, which reflects the removal of the hotel and a preliminary non-recurrin…”

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  2. Also stated

    “The filing also includes unaudited pro forma financial information for the company as of March 31, 2026, and for the year ended December 31, 2025, which reflects the removal of the hotel and a preliminary non-recurrin…”

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  3. Announced

    “The buyer, JMIR Acquisitions, LLC, paid $26.85 million in cash under an agreement dated April 30, 2026, subject to customary pro-rations and adjustments”

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  4. Closed

    “Ashford sells Austin hotel to JMIR Acquisitions Ashford Hospitality Trust said its indirect subsidiary, HH Austin Hotel Associates, L.P., completed the sale of the Hilton Garden Inn Austin Downtown in Austin, Texas on…”

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  5. Published by Ashford Hospitality Trust, Inc.

    The source this page is built from.

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Deal Web

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Deal Web · 2 firms · 0 peopleHover a name to see how it connects
This dealJMIR Acquisitions, LLC / Hilton Garden Inn Austin DowntownClosed · Published 23 Jun 2026
BuyerJMIR Acquisitions, LLCTargetHilton Garden Inn Austin Downtown
This dealJMIR Acquisitions, LLC / Hilton Garden Inn Austin Downtown

Closed · JMIR Acquisitions, LLC acquired Hilton Garden Inn Austin Downtown (Closed, published 23 Jun 2026).

Announced 30 Apr 2026
Timeline
  1. Also stated
  2. Also stated
  3. Announced
  4. Closed
  5. Published by Ashford Hospitality Trust, Inc.
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