CBRE has arranged $135 million of debt financing for the construction of a 240-room dual-branded Hyatt Place and Hyatt House Hotel in Ewa Beach, Hawaii. An unnamed bank provided the senior construction loan, while a life insurance company provided mezzanine debt. The financing amounts to 72 percent of the expected cost of the property. Alaka’i […]
The post CBRE Arranges $135Mln Construction Loan for Hawaii Hotel appeared first on Commercial Real Estate Direct.
Leave A Comment