RobertDouglas Advises Chartres Lodging Group and Artemis Real Estate Partners on the $20.5 Million Financing for the Acquisition of the Courtyard Long Beach Airport in Long Beach, CA
RobertDouglas announced today that it advised Chartres Lodging Group and Artemis Real Estate Partners on the $20.5 million financing for the acquisition of the Courtyard Long Beach Airport in Long Beach, CA. The Courtyard Long Beach Airport is a recently-built premium focused-service hotel that features 159 spacious guestrooms; Courtyard by Marriott's signature food and beverage outlet, The Bistro; approximately 2,000 square feet of meeting space; a heated outdoor swimming pool and whirlpool spa; and a well-equipped fitness center. The Property is ideally situated within the 261-acre Douglas Park mixed-use development that features a rapidly expanding tenant base including Mercedes-Benz, Virgin Galactic, The Kong Company, Food Pharma, and Turbo Air.