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14 March 2007

First American Realty Finances Hampton Inn & Suites Pigeon Forge-Music Road

FAIRFIELD, NJ | First American Realty Associates announced the $3.3 million acquisition financing of the 100-unit Hampton Inn & Suites in Pigeon Forge, TN. This was the 37th Hilton-branded property financed by First American Realty and the 11th hotel in the state of TN.

Joseph Epstein, President and Founder of First American Realty, arranged the financing on behalf of East TN Holdings, LLC.

The 6-story hotel is operated by Mountaintop Management, LLC. The Memphis, TN-based hospitality firm operates Hampton Inn, Hampton Inn & Suites, Holiday Inn, Baymont Inn, and Best Western properties across the states of TN, NC, and SC.

Located at 2025 Parkway (US Route 441) in the heart of the Smokey Mountains, the Hampton Inn & Suites Pigeon Forge-Music Road is located 10 minutes from Dollywood, 2 blocks from the Five Oaks Tanger Outlet and directly across the street from the Black Bear Jamboree Dinner Show, Wonderworks Family Attraction, and the Miracle Theatre.

FIRST AMERICAN REALTY ASSOCIATES, LLC is a national hospitality company that focuses exclusively on hotel financing including construction, acquisition, refinancing, renovation, and repositioning/conversion loans. The firm has long-time lender relationships with banks, credit and finance companies, CMBS conduits, and insurance companies. Founded in 1976, and with offices in New Jersey and Texas, First American has financed 512 hotels across 44 states totaling $2.05 billion. Its licensed professionals have over 50 years combined Hospitality and Financial Services experience. They are members of the Mortgage Bankers Association (MBA), American Hotel & Lodging Association (AH&LA), and Certified Commercial Investment Member Institute (CCIM).

CONTACT

Joseph (Joe) Epstein
310 Passaic Avenue, Suite 204
United States - Fairfield, 07004
Phone: 973-575-7547
Fax: 973-575-7631
Email: joe@firstamrealty.com

ORGANIZATION

Hospitality NetFirst American Realty Associates, LLC (NJ)
http://www.firstamrealty.com/
310 Passaic Avenue, Suite 204A
USA - Fairfield, NJ 07004
Phone: (973) 575-7547
Fax: (973) 575-7631
Email: joe@firstamrealty.com

RECENT NEWS

First American Realty Associates secures construction and permanent loan funding for the proposed Conference Center at the Brookstown Inn in Winston Salem NC
Friday 5 December 2008



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