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As exclusive advisor, RobertDouglas announced today that it successfully refinanced Chartwell Hospitality’s Hilton Franklin Cool Springs in Franklin, TN, one of Nashville’s most prominent submarkets. RobertDouglas secured roughly $38,000,0000 of short-term, fixed-rate financing at highly attractive pricing from an institutional, balance sheet lender.
Los Angeles – January 10, 2024 - RobertDouglas announced today that it represented, as exclusive advisor, SunCoast Properties, Inc. in the $29.0 million first mortgage floating rate financing of the SunCoast Park Hotel Anaheim, Tapestry Collection by Hilton. Seven Hills Realty Trust (Nasdaq: SEVN), a real estate investment trust managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), provided financing.
Los Angeles, January 10, 2024 - RobertDouglas, one of the country’s leading lodging investment banking firms, has promoted Patrick Tan to the role of Senior Vice President. The announcement was made by Stephen O’Connor, Principal & Managing Director of RobertDouglas. Based in the firm’s Los Angeles office, Mr. Tan has been an integral part of the firm’s growth as a successful and highly respected advisor to private and institutional clients in the hospitality space.
RobertDouglas announced today that it represented MCR in its sale of three premium select-service properties to the Braintree Group, which will be managed by Resolute Road Hospitality, The Braintree Group’s preferred management team.
RobertDouglas is a real estate investment banking firm with offices in New York, Los Angeles and San Francisco that specializes in the sale, financing and equity capitalization of hotel, resort and gaming properties throughout North America. Founded by two of the hotel industry's pre‐eminent finance professionals, Rob Stiles and Doug Hercher, RobertDouglas offers exceptional domestic and international institutional investor and lender relationships. RobertDouglas combines the capital markets sophistication of top-tier investment banks with detailed hotel underwriting and asset management exp...