Tag: financing
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...
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...
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...
Tower Capital Arranges $20.1 Million for Home2 Suites in Mesa, Arizona
MESA, Ariz. — Tower Capital, an independent structured finance firm, arranged $20,121,000 in development financing for a Home2 Suites by Hilton in Mesa, Arizona....
Knighthead Funding Provides $30.5 Million Loan to Finance Development of ROOST Charleston
Greenwich, Conn. — Knighthead Funding LLC has provided King & George Street, LLC with $30.5 million in short-term first mortgage debt for the development...