Ashford Hospitality Trust Inc. said it sold the One Ocean Resort & Spa in Atlantic Beach for $87 million in cash, well above the $48.62 million price listed in Duval County Clerk of Courts records.
Dallas-based Ashford announced the sale of the 193-room hotel in a June 27 news release that did not include the price.
However, a Securities and Exchange Commission filing by publicly traded Ashford said it sold the property to a joint venture called ACS One Ocean Propco LLC for $87 million.
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