Adam s Mark, Dallas Refi s For $180M

NEW YORK- Adams Mark Hotels and Resorts has refinanced its Dallas hotel and conference center, the Adam s Mark, for $180 million.

The Adam s Mark, a luxury hotel and conference center in downtown Dallas, contains 1,842 rooms and a total of approximately 230,000 square feet of meeting, banquet and convention space, including the 41,000-square-foot Lone Star Ballroom, the largest ballroom in Texas. The hotel also has 211 suites, five restaurants, three lounges, a nightclub, a health club with separate outdoor and indoor swimming pools, a comprehensive business center and a 1,200-car parking garage.

Sonnenblick-Goldman served as exclusive advisor to Adam s Mark Hotel s and Resorts, and claimed that the deal was one of the largest, single hotel property financings in the United States this year. (9/28/00)