Peachtree Recaps Portland-Area Hotels With $41M Loan 

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WalshDupart obtained $40.5 million in bridge financing from Peachtree Group to recapitalize two Hilton-branded hotels in the Portland, Oregon, area. The three-year loan covers the 165-room Embassy Suites in Hillsboro and the 106-room Hampton Inn, with two possible one-year extensions.

Hospitality investment firm WalshDupart has sealed $40.5 million of bridge debt for the recapitalization of two adjacent Hilton-branded hotels in the Portland, Ore., metropolitan area, Commercial Observer has learned. Peachtree Group originated the three-year loan with two 12-month extension options for the 165-room Embassy Suites by Hilton Portland Hillsboro and the 106-room Hampton Inn & […]