Berkadia Arranges Refinancing for Hilton Garden Inn-Homewood Suites Jacksonville Downtown Southbank
JACKSONVILLE, Florida—Berkadia’s Hotels & Hospitality team arranged the refinancing of the leasehold interest in the Hilton Garden Inn-Homewood Suites Jacksonville Downtown Southbank, a 221-key, dual-brand hotel located in Jacksonville, Florida. Managing Director Michael Weinberg, Associate Director Alec Fox, and Senior Director Lindsey deButts of Berkadia Hotels & Hospitality secured the financing on behalf of Excel Group. A regional bank provided the five-year loan. “Excel has significantly improved the property’s performance through operational efficiencies since acquisition […]
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