Hunter Secures Refinancing For DoubleTree In Skokie, IL
Wednesday April 24th, 2013 - 10:29AM XOBZ
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SKOKIE, IL—Hunter Capital Markets has secured a refinancing of the 369-room DoubleTree by Hilton Chicago-North Shore Conference Center here.
The restructuring was done on behalf of Ultima Hospitality, a Chicago-based hospitality management and real estate investment group.The structured financing involved senior and mezzanine loans for a five-year term.
Tags: • Hospitality • Brands • Management Companies • Quarterly Results • Investment Funds •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.