Taconic & Partners Refinance Doubletree Denver Hotel With $55M Loan

The Doubletree Denver Hotel, located at 3203 Quebec Street in Denver, CO, with 561 keys, underwent a successful $55 million refinancing deal. The loan was facilitated by Hudson Bay Capital and brokered by Walker & Dunlop. The financing involved a joint venture led by Taconic Capital Advisors, Pyramid Global Hospitality, and Triangle Capital Group.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $55,000,000
• Lender: Hudson Bay Capital
• Landlord: Taconic Capital Advisors, Pyramid Global Hospitality, Triangle Capital Group
• Brokers: Aaron Appel, Adam Schwartz, Christopher de Raet, Jonathan Schwartz, Keith Kurland, Michael Diaz, Triston Stegall - Walker & Dunlop
• Loan Type: Refinance
• Loan Term: Initial two-year term with a 12-month extension option

The loan deal, which includes an initial two-year term and an extension option, was secured by a collaborative effort involving key entities. Taconic Capital Advisors, Pyramid Global Hospitality, and Triangle Capital Group were at the forefront of securing the $55 million loan from Hudson Bay Capital. The skilled brokers at Walker & Dunlop, including Aaron Appel, Adam Schwartz, Christopher de Raet, Jonathan Schwartz, Keith Kurland, Michael Diaz, and Triston Stegall, played a crucial role in arranging the successful refinancing deal for the Doubletree Denver Hotel.