Essex Capital Group arranged a $19,400,000 debt facility to fund the acquisition and renovation of an existing Hilton Garden Inn hotel located in central Florida. The debt financing was a part of an overall $27.0 million acquisition and renovation of...
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March 30, 2023, 07:10 AM
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Stonehill, a commercial real estate direct lender, completed $1.2 billion in investments for 2022 through loan originations and commercial property assessed clean energy financing ("CPACE"), primarily in the hospitality and retail sectors, with $813...
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February 03, 2023, 08:00 AM
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Bay Point Advisors provided a $31.4 million loan to Kirkland Development to finance the opening of an eight-story, 138 room waterfront Hotel Indigo in Vancouver, WA. The hotel will feature an indoor atrium with a glass ceiling, the city’s first...
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July 27, 2022, 07:46 AM
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Access Point Financial, a leading direct lender focused exclusively on the hospitality industry, has broken all previous company records for loan volume, during a period of time when the hotel industry is still in economic recovery. During the...
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May 04, 2022, 07:42 AM
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Access Point Financial (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, appointed Mike Huffman as Managing Director. The recent appointment follows the ongoing improvement in hotel market...
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May 05, 2021, 07:07 AM
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BHI announced that it provided a $47 million bridge loan to refinance the Moxy, a hotel located at 1011 K Street NW in downtown Washington, D.C. The borrower is Douglas Development Corporation (DDC).
Located in one of Washington DC’s fastest growing...
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January 15, 2019, 07:21 AM
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CIT Group Inc. announced that its Real Estate Finance business served as a sole lead arranger of a $91 million senior secured loan for the acquisition of the Sheraton Denver Hotel in downtown Denver, Colorado.
The property, which serves as Denver’s...
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November 20, 2018, 07:16 AM
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