Fairfields Get Refi in Wisconsin
Wednesday February 6th, 2013 - 8:34AM F
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NEW YORK—HREC Investment Advisors arranged the refinance in Wisconsin of the 62-room Fairfield Inn in Green Bay and the 94-room Fairfield Inn & Suites in Beloit.
The five-year, fixed-rate conduit loan was arranged via an international investment bank.
The Fairfield Inn in Green Bay is located off US-41 and near the US-172 interchange and is 2.5 miles from Lambeau Field. The Fairfield Inn & Suites Beloit is located on the interchange of I-90, I-43 and I-39 and is near to Beloit Memorial Hospital and the College of Beloit.
Scott Kaniewski, SVP of HREC IA, represented the borrower in the transaction.
Tags: • Hospitality • Brokers •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.