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By The Barometer editorial staff,
15 May 2012
Included in this list of recent hotel lender activity:
• Clopton Capital acquired a life fund.
• Washington Trust provided $10.35 million to refinance a 128-room hotel in Brookhaven, New York.
• Access Point Financial provided a first-mortgage loan for a Residence Inn by Marriott in Tempe, Arizona.
• More.
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By The Barometer editorial staff,
25 April 2012
Included in this list of active hotel lenders:
• The 21c Museum hotel in Louisville, Kentucky has been recapitalized.
• Karlin Real Estate provided an $11-million loan to Kor Group to help finance the acquisition of the 135-room Renoir Hotel in San Francisco.
• Franklin Savings Bank and Georgetown Savings Bank loaned Roedel Companies and Alta Properties $5.25 million to finance the renovation of the Falls Center and La Quinta Inn and Suites in Amoskeag Falls, New Hampshire.
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By The Barometer editorial staff,
17 April 2012
Included in this list of active lenders:
• PCCP LLC did a $46-million refinance deal with Kimpton Hotels & Restaurant Group.
• Aries Capital LLC made a ground-up construction loan to Longhorn Lodging Partners.
• Clopton Capital is doing construction loans.
• More.
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By The Barometer editorial staff,
27 March 2012
Lenders were out in full force during the Hunter Hotel Investment Conference. Read on for a list of lending terms heard at the conference.
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By The Barometer editorial staff,
14 March 2012
This week’s list of active U.S. hotel lenders includes:
• Citibank N.A., Prudential Mortgage Capital Company, and BBVA Compass participated in a $170-million loan to DiamondRock Hospitality Company.
• Chatham Lodging Trust and Cerberus Capital Management received a $130-million loan from Citibank, Wells Fargo and an affiliate of Starwood Property Trust.
• TD Bank N.A. provided a $30-million loan to MHI Hospitality Corporation.
• More.
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By The Barometer editorial staff,
22 February 2012
In this week’s list of active hotel lenders:
• Wells Fargo lends US$150 million to Access Point Financial
• A first mortgage loan from Mesa West Capital refinances the 802-room Hyatt Regency San Francisco
• Clopton Capital is entering the hotel-lending scene
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26 January 2012
Included in this week’s list of active hotel lenders:
• Wells Fargo provided a US$506-million loan to Apollo Commercial Real Estate Finance.
• Cornerstone Real Estate Providers made a US$46-million, non-recourse loan to Pebblebrook Hotel Trust.
• Wells Fargo made a US$40-million loan to Apple REIT Eight that is secured by the Residence Inn in Burbank, California.
• More.
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18 January 2012
Included in this week’s list of active hotel lenders:
• Goldman Sachs Commercial Mortgage Capital LP provided a US$50-million, 10-year, fixed-rate loan to the Hotel ZaZa in Houston.
• A Hyatt Place property in Pensacola, Florida, received US$13.2 million in financing from Navy Federal Credit Union and Pen Air Federal Credit Union.
• An affiliate of Milford Development LLC received a US$8-million loan from Washington Trust’s commercial real-estate group.
• More.
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