FINANCED
Cronheim Hotel Capital Facilitates $25.8M Financing Deal For Hotel Phillips In Kansas City
106 West 12th Street
Hotel
Financed 270 days ago
Summary
Loan
MISSOURI
Hotel
The 216-room Hotel Phillips in Kansas City, Missouri has secured a $25.8 million financing deal facilitated by Cronheim Hotel Capital. The hotel, located at 106 West 12th St, is owned by Arbor Lodging & Lubert-Adler.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $25,800,000
- Address: 106 West 12th St
- Market: Kansas City, MO
- Keys: 216
- Landlord: Arbor Lodging & Lubert-Adler
- Broker: Cronheim Hotel
Cronheim Hotel Capital played a key role in arranging the financing deal for the Hotel Phillips. The transaction provides the necessary capital for the hotel to further enhance its offerings and continue serving guests in Kansas City, Missouri.
Details
FINANCED
IMAGE: 08/11/2023
ADDRESS: 106 West 12th St
MARKET: Kansas City, MO
ASSET TYPE: Hotel ~ KEYS: 216
LANDLORD: Arbor Lodging & Lubert-Adler
BROKER: Cronheim Hotel
LOAN AMOUNT: $25,800,000
NOTE: Cronheim Hotel Capital has facilitated a $25.8 million financing deal for the 216-room Hotel Phillips in Kansas City, Missouri.View on map
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Address106 West 12th Street
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