HFF Secures $28M for Amarillo Hotel
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The 200,000-square-foot Embassy Suites will be part of the planned improvements in downtown Amarillo that surrounds Amarillo’s Civic Center.
DALLAS–HFF has secured $28.17 million in construction financing to develop the 225-room, full-service Embassy Suites hotel to anchor the Civic Center redevelopment in Amarillo.
HFF worked on behalf of the developer, NewcrestImage, to secure the financing through Southwest Bank in Fort Worth.
Located at the intersection of 6th Avenue and Buchanan Street, the 200,000-square-foot Embassy Suites will be part of the planned improvements in downtown Amarillo that surrounds Amarillo’s Civic Center, a multi-purpose convention center that will also include retail, a parking garage and an entertainment venue/ballpark…
