Brief
$103M Financing Supports Ontario Airport Hotel Repositioning
GreenRock Capital LLC has closed on a $103-million financing for the Ontario Airport Hotel and Conference Center in Ontario. National CORE owns the property, which is being renovated and repositioned
Summary
GreenRock Capital LLC has closed on a $103-million financing for the Ontario Airport Hotel and Conference Center in Ontario.
National CORE owns the property, which is being renovated and repositioned into the Hyatt Regency Ontario.
The $103 million package pairs $26 million in tax-exempt C-PACE bonds with $77 million in tax-exempt mortgage revenue bonds, all underwritten by...
Source
- Connect CREconnectcre.com
