Braemar to Sell Four Seasons Scottsdale for $372M, Continuing Asset Disposition Strategy
BHR is trading near its 52-week low of $1.64 (1.2% above the low).
Summary
Braemar agreed to sell the Four Seasons Resort Scottsdale for $372 million, continuing a series of major asset sales as it faces an activist proxy fight.
Key Events · M&A and Partnerships · BHR
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Four Seasons Scottsdale Sale Agreement
Braemar subsidiaries entered into a purchase and sale agreement with Evergreen Acquisitions, LLC for the Four Seasons Resort Scottsdale at Troon North for $372 million, subject to customary adjustments.
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Non-Refundable Deposit Received
The company received a $10 million deposit from the purchaser, which became non-refundable as of the September 23, 2026 effective date.
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Closing Conditions Remain
Several conditions to closing remain to be satisfied, and there is no assurance the sale will be completed on the described terms, timeline, or at all.
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Continuing Asset Disposition Strategy
This follows the $437.5 million sale of three luxury hotels closed in July 2026 and the $190 million Pier House Resort sale completed in August 2026.
Analysis · BHR · Real Estate & Construction
Braemar Hotels & Resorts has agreed to sell the Four Seasons Resort Scottsdale at Troon North for $372 million, with a $10 million non-refundable deposit already received. This is the third major hotel sale disclosed in recent months, following the $437.5 million sale of three luxury hotels and the $190 million Pier House Resort sale. The transaction continues the company's pivot toward a leaner asset base amid an ongoing proxy battle with activist Al Shams Investments, which is seeking board control at the November 13 annual meeting. The sale price is substantial relative to the company's $114 million market cap, and proceeds could further reduce debt or fund shareholder returns, though closing conditions remain.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BHR was trading at $1.66 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $114M. The 52-week trading range was $1.64 to $3.19. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.