Walker & Dunlop Arranges $104.5M Construction Loan for Ritz-Carlton Savannah Hotel

SAVANNAH, GA. — Walker & Dunlop has arranged a $104.5 million construction loan for Ritz-Carlton Savannah, a 168-room luxury hotel located at 2 E. Bryan St. in Savannah. The hotel is a redevelopment of two obsolete office buildings built in 1911 in Savannah’s Historic District. Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Ari Hirt, Sean Reimer and Jason Schwartzberg of Walker & Dunlop arranged the loan through The LCP Group LP on behalf of the borrower, TMGOC Vent