Three Marriott-Branded Hotels in NC Secure Financing

November 21, 2014

Source: Globe Street

New York City-based debt fund Summit Hospitality Group Ltd. has secured $20-million in non-recourse first mortgage debt to refinance Marriott-branded hotels in Charlotte, Cary and Raleigh, NC. The financing deal was announced by Mission Capital Advisors, which reports that its Debt & Equity Finance Group secured the loan on behalf of Summit Hospitality.

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