Industry
JV Forms to Provide Complete Hotel Receivership Services
CHICAGO—Joshua Joseph, principal, and Matthew Tarshis, EVP of Frontline Real Estate Partners LLC; Michael Shindler, president/CEO of Four Corners Advisors…
Aries Capital
Industry
Aries Capital Offers Assistance With Paycheck Protection Program
CHICAGO—Aries Capital LLC is offering commercial real estate owners and other businesses assistance with the time-sensitive Paycheck Protection Program (PPP),…
Finance
A Trio of Hotels Secure Funding
NATIONAL REPORT—Finance companies are securing refinancing, acquisition and construction loans for hotel companies. Here’s a look at the deals that…
Acquisitions
Who’s Buying, Selling Or Financing?
NATIONAL REPORT—Hotel Business has been tracking recent sales, acquisitions and other transactions. Here’s more on the recent deals: HFF Completes…
Acquisitions
Three Hotel Transactions to Watch
NATIONAL REPORT—A hotel development site was sold in Portland, ME; MCR nets a Homewood Suites by Hilton in the Baltimore…
Ownership
Conlon & Co. Merges Capital Markets Division with Aries Capital
CHICAGO—Conlon & Co.’s Capital Markets Group and Aries Capital’s Mortgage Banking Group have merged to form Conlon Capital. The mortgage-banking…
Ownership
Aries Capital Arranges $5.4M Loan to Refinance Three Hotels
CHICAGO—Aries Capital’s executive VP Rushi Shah secured a senior bridge loan for $5.4 million for the refinance of three limited…
Ownership
Aries Capital Secures $3.7M Loan for Interdevco
PORT CHARLOTTE, FL—Aries Capital, LLC has secured a $3.77 million, non-recourse, CMBS loan for the La Quinta Inn & Suites…