RobertDouglas announced today that it advised Prospera Hotels in securing a $35 million non-recourse senior mortgage for the refinancing of the Hyatt Place at Anaheim Resort/Convention Center in Anaheim, California.
Leading hospitality investment banking firm RobertDouglas announced the promotion of Evan Hurd, a Managing Director with the firm, to Principal and Managing Director. Mr. Hurd, based in New York, has contributed significantly to the firm's rapid growth working as advisors to private and institutional clients throughout North America.
RobertDouglas announced today that it advised McNeill Hotel Company, a leading developer, owner, and operator of premium branded select-service hotels, in securing a commitment of up to $150 million from an institutional capital source to invest in the company's existing portfolio and fund future growth opportunities.
RobertDouglas announced today that it advised DeBartolo Development and OPTrust in the $30 million refinancing of the Hampton Inn & Suites Oahu/Kapolei in Kapolei, Hawaii. The five-year, floating-rate, interest-only financing was provided by First Hawaiian Bank, who offered a customized structure with prepayment flexibility that met the owner's needs.
RobertDouglas announced today that it has advised Hospitality Resorts Inc. on a CAD$213 million refinancing of the 1,006-key Hilton Niagara Falls/Fallsview Hotel and Suites, located in Niagara Falls, Ontario.
RobertDouglas announced today that it advised McNeill Hotel Company in securing a $38 million non-recourse senior mortgage and arranging joint venture equity for the acquisition of three select service hotels in Idaho and Utah.