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HSF Secures $42M for 2 Bay Area Cambria Suites

By Tony Seruga

Stratus Development Partners LLC will begin construction on the two properties in Sonoma County and Napa Valley totaling 225 keys, next month.

Stratus Development Partners LLC is developing two Cambria Suites in California which are slated for completion in 2019. Hall Structured Finance closed two new first lien loans totaling $42 million to finance the construction of the properties in Sonoma County and Napa Valley, which is scheduled to begin next month. Scott Silver, chairman of Hospitality Funding Inc. and Silver & Associates LLC, brokered the loans. The brand debuted in California in May of this year…

HSF Secures $42M for 2 Bay Area Cambria Suites

Categories : Commercial Real Estate

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