As exclusive advisor, RobertDouglas announced today that it successfully refinanced Chartwell Hospitality’s Hilton Franklin Cool Springs in Franklin, TN, one of Nashville’s most prominent submarkets. RobertDouglas secured roughly $38,000,0000 of short-term, fixed-rate financing at highly attractive pricing from an institutional, balance sheet lender.
Los Angeles – January 10, 2024 - RobertDouglas announced today that it represented, as exclusive advisor, SunCoast Properties, Inc. in the $29.0 million first mortgage floating rate financing of the SunCoast Park Hotel Anaheim, Tapestry Collection by Hilton. Seven Hills Realty Trust (Nasdaq: SEVN), a real estate investment trust managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), provided financing.
Los Angeles, January 10, 2024 - RobertDouglas, one of the country’s leading lodging investment banking firms, has promoted Patrick Tan to the role of Senior Vice President. The announcement was made by Stephen O’Connor, Principal & Managing Director of RobertDouglas. Based in the firm’s Los Angeles office, Mr. Tan has been an integral part of the firm’s growth as a successful and highly respected advisor to private and institutional clients in the hospitality space.
RobertDouglas announced today that it represented MCR in its sale of three premium select-service properties to the Braintree Group, which will be managed by Resolute Road Hospitality, The Braintree Group’s preferred management team.