After successfully closing $25 million in loans in December 2014 and an additional $65 million under signed application scheduled to close this month, Stonehill is primed to provide $500 million in hotel financing in 2015.
Stonehill Strategic Capital Eyes $500M in Hotel Financing
ATLANTA — (HOTEL BUSINESS) – Stonehill, an affiliate of Peachtree Hotel Group II, LLC, is looking to transact $500 million in fixed-rate permanent loans, floating-rate bridge loans, mezzanine debt, preferred equity and discounted note purchases this year.