Regent Partners And Mariner Investment Group Secure $50 Million Refinance Loan For Thompson Savannah Hotel

The asset involved in the transaction is the Thompson Savannah hotel, which has a total of 193 keys and is branded under Hyatt. The hotel is located at 201 Port Street in Savannah, GA. It opened in August 2021 and has demonstrated strong growth in key hospitality metrics. The refinance loan amounts to $50 million, aimed at replacing previous construction debt associated with the property.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $50,000,000
• Lender: Mesa West Capital
• Lender Representatives: Russell Frahm, Pamir Niaz & Jacob Rosen
• Landlord: Regent Partners & Mariner Investment Group
• Brokers: Jared Kelso, Lauren Greenberg & Stephen Michels - Berkadia
• Loan Type: Refinance
• Loan Terms: Five-year, nonrecourse loan

This transaction involved Regent Partners and Mariner Investment Group, who secured the refinancing deal through Mesa West Capital. The broker team from Berkadia, consisting of Jared Kelso, Lauren Greenberg, and Stephen Michels, played a significant role in facilitating the transaction for the parties involved.