$44.5 Million Financing for Downtown Memphis Hyatt Centric Hotel

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.

You Also May Be Interested In:

  • We represented a private equity firm in providing acquisition financing to a franchisee to acquire the operations and related real estate assets of 16 franchise restaurants.

    We represented a private equity firm in providing acquisition financing to a franchisee to acquire the operations and related real...
    Client Type: Private Company
  • We represented New Mountain Capital in the project-level financing of a real estate portfolio, financed by a $25 million CMBS loan, consisting of four properties located in Massachusetts, New Hampshire, Wisconsin and New York, each of which are triple net leased to a master tenant.

     

    We represented New Mountain Capital in the project-level financing of a real estate portfolio, financed by a $25 million CMBS...
    Client Type: Private Company
  • We represented Brookdale Senior Living Inc. in a refinancing of a real estate portfolio, financed by $220 million in loans across four subpools with Freddie Mac.  The portfolio consisted of 27 senior living facilities located in 13 different states.

    We represented Brookdale Senior Living Inc. in a refinancing of a real estate portfolio, financed by $220 million in loans...
    Client Type: Public Company