Sixth Street Partners and Riller Capital acquired the 142-room Pier House Resort in Key West from Braemar Hotels for $190 million.

The sale of Florida’s luxury Pier House Resort & Spa to Sixth Street marks “meaningful progress” in Braemar’s management spin-out from Ashford Inc., per CEO Richard Stockton.

DALLAS (AP) — Braemar Hotels & Resorts, Inc. (BHR) on Wednesday reported a key measure of profitability in its second quarter. The real estate investment trust, based in Dallas, said it had funds from operations of $9.6 million, or 13 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.

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DALLAS (AP) — Braemar Hotels & Resorts, Inc. (BHR) on Wednesday reported a key measure of profitability in its first quarter. The Dallas-based real estate investment trust said it had funds from operations of $38.3 million, or 52 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.

Gladstone Commercial (GOOD) delivered FFO and revenue surprises of 0.00% and -3.66%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?