Hilton Hotel and Suites Niagara Falls/Fallsview — Photo by RobertDouglas

New York, NY – January 12, 2015 – RobertDouglas announced today that it has advised Hospitality Resorts Inc. on a CAD$150 million refinancing of the 965­‐key Hilton Niagara Falls/Fallsview Hotel and Suites, located in Niagara Falls, Ontario. Hospitality Resorts Inc. is a privately-­owned hotel investment, development and management company that has been active in the Niagara hotel and restaurant businesses for more than 40 years. The fixed-­rate, seven-­year financing was provided by Pacific Life.

The Hilton Fallsview is comprised of three towers, including a 53-­story tower completed in 2009, and has 417 luxurious suites, making it one of the largest hotels in Canada, and also among the largest independently-managed Hilton hotels in the world. Connected to the Fallsview Casino, the hotel's over-sized rooms offer spectacular views of both the American and Canadian falls, as well as access to a wide array of resort amenities.

"The Niagara Falls market has been one of the strongest-­performing markets in North America during the past year," observed Evan Hurd, Director at RobertDouglas, "which helped lenders get comfortable with this financing."

"Hospitality Resorts Inc. has an experienced and imaginative management team that does a remarkable job of maximizing the performance of every element of the hotel, from their highly-­profitable restaurants to their market-leading rooms operations", remarked Douglas Hercher, Managing Director at RobertDouglas. "Ultimately, it was the strength of their ownership and management that made this financing possible."

"It was a pleasure working with Pacific Life closing this financing," said Joseph Dicosimo, President of Hospitality Resorts. "This financing puts us in a strong position to continue building on the reputation and offerings at the Hilton Fallsview.

About RobertDouglas

RobertDouglas is a real estate investment banking firm with offices in New York, Los Angeles, San Francisco, Chicago, and Nashville that specializes in the sale, financing, and equity capitalization of hotel, resort, and gaming properties throughout North America. Founded in January 2013 and currently led by its four partners, Rob Stiles, Doug Hercher, Stephen O'Connor, and Evan Hurd, RobertDouglas offers access to exceptional domestic and international institutional investor and lender relationships as it combines the capital markets sophistication of top-tier investment banks with diligent hotel underwriting and proven asset management experience.

For more information, contact info@robert‐douglas.com or go to www.robert-douglas.com.

Douglas Hercher
Managing Director & Principal
+1 (212) 993-7424

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