CHC Secures Loan to Refinance Comfort Suites & Fairfield Inn in Woodbridge, New Jersey
Cronheim Hotel Capital (CHC) has secured $13.2M from a conventional bank lender to refinance the Comfort Suites and Fairfield Inn & Suites in Woodbridge, NJ. The five-year fixed-rate loan, priced in the low-6 percent range, includes 18 months of interest-only and capitalizes both the conversion of the Comfort Suites to a TownePlace Suites as well as a modest PIP for the Fairfield Inn & Suites. The hotels are located in Central New Jersey, less than […]
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This Week’s Comings & Goings
Sage Hospitality Group announced the appointment of Daniel del Olmo as president and chief executive
UNLV William F. Harrah College of Hospitality Integrates Yipy Platform Into Its Curriculum
SALT LAKE CITY, Utah—Yipy announced that the University of Nevada, Las Vegas (UNLV) William F. Har
DiamondRock Hospitality Announces Upcoming Retirement of Chairman William W. McCarten
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