RobertDouglas Advises Wexford Lodging Advisors and Trinity Private Equity Group on the $19.2-Million Refinancing for the DoubleTree Suites Nashville Airport in Nashville, Tennessee
RobertDouglas advised a joint venture between Wexford Lodging Advisors and Trinity Private Equity Group in successfully refinancing its existing loan for the 138-key, all-suites DoubleTree Suites Nashville Airport. The new, non-recourse senior mortgage is $19.2 million and has a five-year term. The floating-rate financing was provided by a leading life insurance company’s real estate credit platform.
Source: hospitalitynet.org