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Priority Capital Advisory Closes $11M to Recapitalize Madison Hotel-to-MF Conversion

Zachary Streit, Founder and President of Priority Capital Advisory, announced the closing of an $11.5 million senior loan on behalf of REALM and OTR Real Estate for the recapitalization of Vivo Madiso

File photo

Summary

Zachary Streit, Founder and President of Priority Capital Advisory, announced the closing of an $11.

5 million senior loan on behalf of REALM and OTR Real Estate for the recapitalization of Vivo Madison, a 153-unit multifamily property located at 517 Grand Canyon Drive in Madison, Wisconsin.

The joint venture acquired the property, which was a Radisson...

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