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Strategic Hotels lands year’s largest hotel refinancing; Partners complete $630 million healthcare offering; Office loan delinquency persists

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The 750-room Fairmont Scottsdale Princess in Scottsdale, Arizona, is among nine properties operated by Strategic Hotel & Resorts being refinanced. (John Williams/CoStar)
The 750-room Fairmont Scottsdale Princess in Scottsdale, Arizona, is among nine properties operated by Strategic Hotel & Resorts being refinanced. (John Williams/CoStar)

Strategic Hotels lands year’s largest hotel refinancing: The China-backed owner of a luxury U.S. hotel company has wrapped up a $1.58 billion securitized loan refinancing on nine of its properties, making it the largest CMBS hotel deal of the year and fourth-largest bond offering overall, according to CoStar data.

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