How Key Money Solidifies Hotel Transactions


Join 700+ peers and get the latest market intelligence from experts you can count on at RealShare ORANGE COUNTY on August 18.

Grossman: “We’re seeing more strength come based on the brand.”

SAN DIEGO—Major hotel brands putting money behind an owner’s choice to go with them is spurring deals and strengthening financing for those deals, Meridian Capital Group’s managing director Seth Grossman tells GlobeSt.com. As we reported in June, Grossman and Meridian VP Sarah Kuebler negotiated a $100-million bridge loan for the refinance of a six-property hotel portfolio located in Florida, Texas, North Carolina and Minnesota, on behalf of a Los Angeles-based private-equity fund.

Grossman and Kuebler had also arranged the acquisitionfinancing for the same portfolio in 2012. We spoke exclusively with Grossman about the transaction and trends he’s noticing in hotel financing…

How Key Money Solidifies Hotel Transactions

Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.