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Mission Capital Arranges Financing for GEM Hotel Chelsea

Mission Capital Arranges Financing for GEM Hotel Chelsea

NEW YORK—Mission Capital Advisors announced that its debt and equity finance group arranged $33 million in financing on behalf of New York-based investment and management company Icon Realty Management. The financing, a combination of CMBS and mezzanine, was arranged to ...

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Debt Markets Continue to Recover

Debt Markets Continue to Recover

With the hotel industry’s recovery from the recession steadily picking up speed, values coming back to pre-downturn levels, and RevPAR growth remaining consistent, the debt markets are returning to normal. And as lenders get more interested and competitive, they’re supplying ...

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Occidental Completes Long-Term Debt Refinancing

Occidental Completes Long-Term Debt Refinancing

MADRID—Following months of negotiations, Occidental Hotels and Resorts has concluded its long-term debt refinancing process through an agreement with 10 Spanish and International entities which have endorsed the company’s 2012-2016 business plan. The process, supervised by financial advisors of the ...

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