Three Boston Hotels Get $25M In Financing

BOSTON—Three hotels in the area here—the Crowne Plaza Natick, Hampton Inn Natick and Holiday Inn Somerville—have secured $25 million in financing via PMZ Realty Capital’s Hotel Finance Group.

The financing was provided by a foreign bank.

The three hotels contain over 625-keys and 40,000 square feet of meeting space.  

PMZ Hotel Finance Group, headed by President Peter Berk, is a a wholly owned division of PMZ Realty Capital, LLC, a boutique real estate investment bank.