Marriott TownePlace Suites

Marriott TownePlace Suites

PROPERTY Marriott TownPlace Suites LOCATION Laredo, TX FINANCING Highland arranged an $11,690,000, 70% LTV, 10-year CMBS permanent loan to refinance construction debt and return some equity on a 124-key TownePlace Suites by Marriott in Laredo,...
SpringHill Suites

SpringHill Suites

PROPERTY: SpringHill Suites LOCATION: San Antonio, TX FINANCING; Highland arranged a $15,000,000, 67% LTV, 10-year permanent loan on a 4-story, 128-key SpringHill Suites by Marriott at The Rim in San Antonio, Texas. Sponsor developed the all-suite hotel in 2016 and...
The Westin Palo Alto

The Westin Palo Alto

PROPERTY:The Westin Palo Alto – 184 Key Full-Service Luxury Hotel LOCATION: Palo Alto, CA FINANCING; Highland arranged the $83,000,000 cash-out, non-recourse permanent loan for The Westin Palo Alto, a 184 key full-service luxury hotel, a ground-leased asset...
InterContinental The Clement Hotel

InterContinental The Clement Hotel

$59M Hotel Construction Loan; $72.5M CMBS Take-Out Permanent Loan; Property: 208-room full-service hotel, consisting of two 4-story buildings and a 340-space parking structure, plus including a restaurant/bar and 10,000 square feet of meeting space Location: Monterey,...
The Mayfair Hotel

The Mayfair Hotel

Property: The Mayfair Hotel Location: Los Angeles, CA Financing: HRC negotiated a $38.0 million bridge loan to refinance and complete renovations on The Mayfair, a 294-key boutique hotel just outside of Downtown Los Angeles. Since purchasing the 13-story asset in...