We represented a financial services company in connection with a $44.5 million construction loan for the development of the 227-room Hyatt Centric Hotel located in downtown Memphis, Tennessee. The borrower/developer is a joint venture between a Memphis developer and Hyatt Hotels Corporation. The new hotel, which will overlook the Mississippi River at the foot of Beale Street and will have a total development cost exceeding $65 million, is part of the One Beale development.
$44.5 Million Financing for Downtown Memphis Hyatt Centric Hotel
Client Type: Private Company
You Also May Be Interested In:
-
Represented Addus HomeCare Corporation (Nasdaq: ADUS) in four strategic acquisitions and in its underwritten public offering of 2.3 million shares of common stock in 2019.
-
-
Represented TVV Capital portfolio company Big 3 Precision Products, Inc., a maker of turnkey packaging solutions, in its sale to The Eastern Company (Nasdaq: EML), a publicly traded diversified manufacturer, for $81.7 million