Thomas J. Lorenzini Of Seven Hills Realty Trust Closes $45M Bridge Loan For Club Quarters Hotel

The asset involved in this transaction is the Club Quarters Hotel, located at 161 Devonshire Street, Boston, MA. This hotel comprises 178 keys and is classified as a hotel asset. The loan amount associated with the acquisition is $45,000,000, secured as a first mortgage bridge loan.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $45,000,000
• Address: 161 Devonshire Street
• Market: Boston, MA
• Lender: Thomas J. Lorenzini - Seven Hills Realty Trust
• Landlord: Arch & Devonshire LLC
• Loan Type: Bridge
• Keys: 178

This transaction involved key individuals and companies, with Thomas J. Lorenzini representing Seven Hills Realty Trust as the lender providing the bridge loan. The landlord of the property is Arch & Devonshire LLC, facilitating the financing for the acquisition of the hotel.