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Rockbridge Announces First Mortgage Investment In Maryland Hotel

Tuesday November 6th, 2012 - 3:37PM

BALTIMORE, MD—Rockbridge has announced the closing of an $8.6-million first mortgage investment to finance the acquisition of the 137-room Comfort Suites Hotel at Baltimore-Washington International Airport (BWI) in Linthicum Heights, MD. The property will undergo a $3.4-million renovation and be reintroduced as a Holiday Inn. The renovation will include a reconfigured lobby, exterior refresh and substantially upgraded guestrooms. The completion date is expected to be in mid-2013.