NEW YORK—Smith Hill Capital and Bain Capital Special Situations announced the firms’ joint venture originated and executed a $72 million first mortgage loan to KSL Capital Partners to refinance Hotel Viking in Newport, Rhode Island. The historic 208-room property is located in Newport’s Historic Hill neighborhood inland of the harbor in the center of Downtown Newport, within a short walk to the International Tennis Hall of Fame and water activities on the marina and a […]

The post Smith Hill Capital and Bain Capital Execute $72 Million Financing for Hotel Viking appeared first on LODGING Magazine.

This post was originally published on this site