Bryan Kang s Dos Lagos Asset Plans $40M Hotel-to-Resi in Houston therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
LOS ANGELES, CA - Malcolm Davies and Zack Streit of The Davies Group at Los Angeles-based George Smith Partners, a premier commercial real estate capital advisory firm, arranged $42.5 million in construction financing for the conversion of a 496-key hotel to a market-rate multifamily complex in Southeast Colorado Springs. The financing was arranged on behalf of Shir Capital and the ValCap Group and provided by Parkview Financial.
“We were particularly attracted to the Colorado Springs.
Since Hotel Eleganté Conference & Event Center was sold last month, hotel staff and events contracted to be held at the hotel have been thrown into chaos.