This roundup features the latest financing of U.S. hotel industry deals and projects.
Anaheim Portofino Inn & Suites
Lender: Thorofare Capital
Value: $40 million
Location: Anaheim, California
Date of Loan: April 6
Takeaway: The three-year acquisition financing was for the 190-key limited-service hotel near Disneyland.
La Quinta Inn & Suites by Wyndham
Lender: Alliance Bank Central Texas, brokered by JLL Capital Markets
Borrower: Door Capital Partners
Location: Cedar Park, Texas
Date of Loan: April 14
Takeaway: The the five-year, fixed-rate loan was for the acquisition of the hotel.
Inn at the Pier
Lender: A life insurance company, brokered by Sonnenblick-Eichner Co.
Value: $30 million
Location: Pismo Beach, California
Date of Loan: April 7
Takeaway: The non-recourse funding is for the refinancing of the 104-room full-service boutique hotel.
Luxury boutique hotel
Lender: Thorofare Capital
Value: $15.6 million
Location: Williamsburg, New York
Date of Loan: March 30
Takeaway: The first mortgage interim financing is for a 64-key, full-service hotel in Brooklyn.