San Francisco International Airport

RUP and HHG Secure $42 Million for Residence Inn at Gateway at Millbrae Station

SAN JOSE, Calif. — After seven months of negotiations, in the middle of a global pandemic where construction loan closings for hospitality have been...
Finance, budgeting, planning, analytics

The Plasencia Group Forms TPG Lodging Capital Nexus

TAMPA, Fla. — The Plasencia Group today announced the formation of TPG Lodging Capital Nexus, created to match capable providers of capital with owners...
Providence, Rhode Island

Providence Marriott Undergoes Upgrades With C-PACE Financing

PROVIDENCE, R.I. – Rhode Island Infrastructure Bank recently announced the closing of a $2.5 million loan with the Providence Marriott Downtown. Through the bank’s...
Business person on phone

Hospitality Companies and Their Lenders: Preparing for Difficult Conversations

In a sudden reversal of generally expansionary trends, the hospitality business has been among the most immediate and badly hit economic sectors as a...
Hotel building

Stonehill Secures Financing for $100 Million of PACE Lending

ATLANTA — Officials of Stonehill recently announced the company has secured financing for $100 million of Property Assessed Clean Energy (PACE) lending for all...
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