Ashford Hospitality Trust Inc. successfully refinanced a mortgage loan with an existing outstanding balance totaling approximately $972 million, while the new loan totals $985 million.

Along with Westchester office property sales, the transactions are expected to generate net proceeds to SL Green of approximately $190 million.

Crocker Partners and Rialto Capital Management have acquired the 125-acre business park.

The notice does provide some helpful guidance to C Corporations but there are still unanswered questions about commercial real estate investment.