JV Secures $135M Refinance of Westin Kierland Resort

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Last updated: November 17, 2004 09:55am

JV Secures $135M Refinance of Westin Kierland Resort

By Jennifer D. Duell

SCOTTSDALE, AZ-Woodbine Development Corp., Cook Inlet Region Inc. and Starwood Hotels & Resorts place permanent financing against the two-year-old resort. The five-year, non-recourse mortgage represents 62% of the resort's total value.

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