'We're excited to announce the closing of this strategic financing with Oaktree and believe this partnership will be beneficial for the Company going forward,' commented
The Company has provided additional information on this transaction in a Form 8-K filed with the
Company's website at www.ahtreit.com
Ashford has created an
About Oaktree
Oaktree is a leader among global investment managers specializing in alternative investments, with
real assets and listed equities. The firm has over 1,000 employees and offices in 19 cities worldwide. For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/.
Certain statements and assumptions in this press release contain or are based upon 'forward-looking'
information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, among others, statements about the Company's strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words 'will likely result,' 'may,' 'anticipate,' 'estimate,' 'should,' 'expect,' 'believe,' 'intend,' or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside
These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: the impact of the novel strain of coronavirus (COVID-19) on our business; the ability of the Company and the Company's advisor,
The forward-looking statements included in this press release are only made as of the date of this press release.
Investors should not place undue reliance on these forward-looking statements. We will not publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations or otherwise except to the extent required by law
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