Ramsfield Hospitality Finance Provides $33.6M Loan For Hyatt Place Atlanta/Centennial Park
Georgia
See Similar DealsRamsfield Hospitality Finance Provides $33.6M Loan For Hyatt Place Atlanta/Centennial Park
300 Luckie Street Northwest
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The asset involved in this transaction is the Hyatt Place Atlanta/Centennial Park, a hotel with 175 keys located at 300 Luckie Street Northwest, in the Atlanta, GA market. The property is backed by Ramsfield Hospitality Finance, which provided a loan amount of $33,600,000 in mortgage financing. This loan was utilized to retire a previous construction loan of $32.9 million.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $33,600,000
- Address: 300 Luckie Street Northwest
- Market: Atlanta, GA
- Asset Keys: 175
- Lender: Ramsfield Hospitality Finance
- Landlord: Songy Highroads & Hyatt Hotels Corporation
The key individuals involved in this transaction include Ramsfield Hospitality Finance as the lender, who played a critical role in the financial structuring. The property is owned by a venture between Songy Highroads and Hyatt Hotels Corporation, both of whom are integral to the hotel sector in this market.
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