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CIM Group Closes $154 Million in Hotel Loans on Three Properties Continuing Hospitality Industry Focus
Summary by Joplin Globe
2 Articles
2 Articles
CIM Group closes $154M in loans for three hotels
CIM Group has closed $154 million in hotel loans for three properties, including a $63 million loan for the Monterey Beach Hotel, a Tribute Portfolio Hotel, in Monterey, CA; a $56 million loan for the Kimpton Hotel Monaco Pittsburgh; and a $35 million loan on the Sheraton Suites Fort Lauderdale West in Plantation, FL. The Monterey Beach Hotel loan is a $63 million whole loan provided to funds advised by Ascendant Capital Partners and Centerbridg…
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
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