Sofitel Chicago Mag Mile The Sofitel Chicago Magnificent Mile is one of the hotels securing a recent loan.

DALLAS—Braemar Hotels & Resorts Inc. successfully refinanced two mortgage loans with existing outstanding balances totaling approximately $358 million. The previous mortgage loans that were refinanced were the Morgan Stanley Pool and the GACC Sofitel loans with final maturity dates in February 2024 and March 2019, respectively.