The LCP Group Refinances Denver Hotel Complex For $85 Million Loan | 321 17th Street | Benefit Street Partners Realty, Ares Management | Hotel | Loan

Summary

Loan

COLORADO

Hotel

The LCP Group has orchestrated an $85 million refinancing deal for a Denver hotel complex located at 321 17th Street in Denver, CO. The hotel complex includes the iconic Brown Palace Hotel and Spa Autograph Collection alongside the Holiday Inn Express Denver Downtown, totaling 474 keys.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $85,000,000
Address: 321 17th Street
Market: Denver, CO
Lender: Bryan Martoken - Benefit Street Partners Realty, E. Robert Roskind - The LCP Group & Michael J. Arougheti - Ares Management
Landlord: John Goff - Crescent Real Estate

The key individuals behind this refinancing deal are Bryan Martoken from Benefit Street Partners Realty, E. Robert Roskind representing The LCP Group, Michael J. Arougheti from Ares Management, and John Goff of Crescent Real Estate.

Players

All
2

Lenders
2

Benefit Street Partners Realty

Ares Management

Details

Deal Summary

FINANCED

IMAGE: Bryan Martoken, E. Robert Roskind, Michael J. Arougheti & John Goff DATE: 02/07/2024 ADDRESS: 321 17th Street MARKET: Denver, CO ASSET TYPE: Hotel ~ KEYS: 474 LENDER: Bryan Martoken - Benefit Street Partners Realty, E. Robert Roskind - The LCP Group & Michael J. Arougheti - Ares Management LANDLORD: John Goff - Crescent Real Estate LOAN AMOUNT: $85,000,000 LOAN TYPE: Refinance NOTE: The LCP Group has orchestrated an $85 million refinancing deal for a Denver hotel complex, comprising the iconic Brown Palace Hotel and Spa Autograph Collection alongside the Holiday Inn Express Denver Downtown.

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Address321 17th Street

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