Premier Capital Associates, LLC announces a $10,000,000 refinance for a portfolio of three hotels in Portland, OR.
The hospitality investment-banking firm arranged the financing with a regional bank in order to take advantage of today’s low interest rate environment and establish a strategic relationship for future growth.
“Creating a relationship with the right bank for your hotel portfolio will pay dividends down the road.” says Greg Morris Managing Director of Premier Capital Associates, LLC. “With the low interest rates we’re seeing and expected further rate increases, now is a good time to take a look at your financial partnerships and review the cost of your existing debt.” added Jeff McKee also a Managing Director of Premier Capital Associates, LLC.
Terms and pricing were not disclosed.
Premier Capital Associates is a national, full-service real estate investment banking company specializing in debt finance for hospitality and other income producing commercial real estate. The principals bring over 35 years of commercial real estate finance experience to work for you.