Reading Time: < 1 minuteEurope: Aareal Bank has arranged a €250 million refinancing facility for InterGlobe’s lifestyle hotel brand Miiro, which operates nine properties across Europe.Â
Reading Time: 2 minutesUK: Hospitality real estate group PPHE has secured a £95.8 million refinancing facility with Aareal Bank for the Park Plaza London Riverbank.
Reading Time: < 1 minuteUS: Real estate investment banking firm Sonnenblick-Eichner Company has arranged $22.6 million (£17.6 million) in first mortgage leasehold financing for Hotel Valencia Riverwalk, a luxury hotel located along the San Antonio River Walk in downtown San Antonio, Texas.
Reading Time: 2 minutesUK: Art deco property Burgh Island Hotel, located off Devon’s coast, has withdrawn from the market after securing £5.4 refinancing from Metro Bank.
Reading Time: < 1 minuteBHN talks to Paola Orneli Bock, VP hotel properties, Aareal Bank AG, about the impact of refinancing on expected levels of distress, as well as advice for borrowers this year. Filmed at the Atlantic Ocean Hotel Investors’ Summit (AOHIS), hosted at the NH Collection Eurobuilding Hotel, Madrid.
Reading Time: < 1 minuteUK: Country house estate Beaverbrook, located in the Surrey Hills, has secured a £52 million loan from OakNorth Bank to refinance existing facilities and fund future growth.
Reading Time: < 1 minuteUK: Irish hotel owner and operator iNua Hospitality PLC has refinanced eight hotels within its portfolio of four and five-star hotels.
Reading Time: < 1 minuteIreland: Bank Leumi UK has agreed a €42.55 million deal to refinance the five-star Morrison Hotel, a Curio Collection by Hilton property in the centre of Dublin.
Reading Time: 2 minutesUK: Mactaggart Family & Partners (MF&P), the majority owner of The Resident hotel group, has refinanced with NatWest to pursue development projects and acquisitions.
Reading Time: < 1 minuteUK: London + Regional Hotels (L+R) have received a senior loan from Aareal Bank to refinance the rebranding of the Nobu Hotel London Portman Square.
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