Smith Hill Capital and Bain Capital Share Financing for Four Hotels
NEW YORK—Smith Hill Capital and Bain Capital Special Situations announced the closing of an approximately $111 million first mortgage loan secured by a portfolio of four hotel properties. The 954-room portfolio includes the Marriott Bridgewater in Bridgewater, New Jersey; W Atlanta Downtown in Atlanta, Georgia; Embassy Suites Walnut Creek in Walnut Creek, California; and Embassy Suites Flagstaff in Flagstaff, Arizona. The financing was originated and executed by the joint venture of Smith Hill and Bain […]
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