Sonnenblick-Eichner Co. has arranged $39 million of mortgage financing, from Rockbridge Capital, against the 197-room Moxy Portland Downtown hotel in Portland, Ore. The five-year loan allowed the property’s developer and owner, a venture of Graves Hospitality of Minneapolis and KCB Real Estate of Pasadena, Calif., to refinance construction debt that had been provided by Washington […]
The post Sonnenblick-Eichner Arranges $39Mln Loan for Recently Built Hotel in Portland, Ore. appeared first on Commercial Real Estate Direct.
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