Trammell Crow Company And MetLife Investment Management Secure $53M Refinance Loan For Washington Hotel

The asset involved in this transaction is a hotel located at 222 M Street Northeast in Washington, DC. The hotel encompasses a total of 203 keys. The loan type associated with this property is a refinance loan amounting to $53,000,000 with a three-year, floating-rate loan structure.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $53,000,000
• Loan Type: Refinance
• Loan Terms: three-year, floating-rate loan
• Lender: Jared Schlosser - Peachtree Group
• Landlord: Trammell Crow Company & MetLife Investment Management
• Brokers: Kevin Davis, Mark Fisher, Connor Medzigian & Malia Buljat - JLL

Key individuals involved in this transaction include Jared Schlosser who represents the lender Peachtree Group. The landlords Trammell Crow Company and MetLife Investment Management are also significant players in this deal. The brokerage team from JLL, consisting of Kevin Davis, Mark Fisher, Connor Medzigian, and Malia Buljat, facilitated the transaction.