NEW YORK—PMZ Realty Capital LLC announced that it arranged financing for three TownePlace Suites by Marriott properties. The $20 million non-recourse loan with a bank allowed the owner to refinance existing debt that had matured with a rate below five percent. The portfolio includes the 112-suite TownePlace Suites Denver Southeast, the 150-suite TownePlace Suites Boulder Broomfield Interlocken, and the 94-suite TownePlace Suites Denver Tech Center. The hotels are all located in the Greater Denver area […]

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