Hilton Garden Inn
Date: Jan. 13, 2023Size: 135 roomsLender type: Commercial bankLoan type: RefinanceLoan subtype: Permanent fixed-rateLoan amount: $6 million
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Hampton Inn
Date: Nov. 10, 2022Size: 86 roomsLender type: Commercial bankLoan type: RefinanceLoan subtype: Permanent fixed-rateLoan amount: $3 million
Residence Inn
Date: November 9, 2022Size: 93 unitsLocation: Lafayette, LouisianaLender type: Life companyLoan sub-type: Permanent fixedWinning quote: Repeat lender/sponsor. Structure allows for future PIP monies.
Staybridge Suites Portfolio
CINCINNATI, OHIO (August 10, 2022) – Jeff Dietz, senior vice president in Northmarq’s Cincinnati office, secured a $12.25 million loan for the refinancing of the Staybridge Suites Portfolio, which includes two extended-stay hotel properties – one in Kalamazoo, Michigan, and…
Drury Plaza Hotel Nashville Downtown
ST. LOUIS, MISSOURI (August 8, 2022) – Northmarq’s St. Louis debt/equity team arranged a $55 million, fixed rate, non-recourse loan on the Drury Plaza Hotel Nashville Downtown. The loan was secured for the borrower through Northmarq’s correspondent relationship with a…
Two Hotel Properties
SEATTLE, WASHINGTON (May 13, 2022) – Jake Leibsohn, senior vice president of Northmarq’s Seattle office arranged financing in the amount of $32,500,000 for The Hideaway, and The Getaway hotels, both located in Carmel-by-the-Sea, California. Northmarq secured financing for the borrower,…
