CooperWynn Capital Modifies Doubletree Suites Fort Shelby Loan
PARK CITY, Utah—CooperWynn Capital announced the loan modification for the Doubletree Suites Fort Shelby on behalf of the ownership group. The Doubletree Suites is located in downtown Detroit, Michigan, and has 203 suites, over 18,000 square feet of meeting space, three food and beverage outlets, and a fitness center. The modification allows ownership to maintain their current loan while replacing covenants while property fundamentals improve. “Given the increasing operating performance of the hotel, we embarked […]
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