With hospitality properties in the spotlight due to COVID-19’s spread, hotel managers are going the extra mile to ensure health guidelines are being followed and the Hyatt Regency Frisco is no exception.
The fund secured total equity of $878.5 million that breaks down to $362.5 million in investment and two co-investment commitments, one for $150 million and another for $366 million.
Right now it is the era of forebearageddon, according to Brian Stoffers, global president of CBRE’s debt and structured finance group.
Sponsored by Hendy
Sponsored by RealPage
Sponsored by ADP
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.