Press Room

Natixis and Square Mile Capital Originate $70 Million Loan for Hyatt Regency Denver Tech Center Acquisition

web_publication.show.description
Corporate & Investment Banking
Americas
USA
Real Estate
Real Assets
New York, État de New York, États-Unis, September 29, 2016

Natixis and Square Mile Capital provided $70 million of floating-rate financing to Columbia Sussex Corporation for the acquisition of the Hyatt Regency Denver Tech Center, a 451-room full-service hotel located in Denver, Colorado. Natixis provided a $56 million senior loan while Square Mile Capital provided a $14 million mezzanine loan. The funds were used to acquire the property and to fund a property improvement plan. 
 

The hotel is conveniently located four blocks from the Belleview Light Rail Station and is in close proximity to the abundance of employers and retail amenities spread throughout the Denver Tech Center. The property features a number of amenities including a glass-enclosed pool, sun deck, a Hyatt StayFit gym, business center, conference and meeting facilities, and two on-site dining facilities - Root25 Taphouse & Kitchen and Perks Coffee & More coffee and snack shop. The transaction was arranged by Rob Rubano of Eastdil Secured and was originated out of Square Mile Capital’s New York office and Natixis’ Los Angeles office. 
 

Attachment

Natixis and Square Mile Capital Originate $70 Million Loan for Hyatt Regency Denver Tech Center Acquisition

September 29, 2016

Natixis and Square Mile Capital Originate $70 Million...

To secure its communication, contents are certified on the blockchain using Wiztrust

Press contacts

Sonia Dilouya

Sonia Dilouya

Press Relations, Natixis

+33 1 58 32 01 03

Vanessa Stephan

Vanessa Stephan

Press Relations, Natixis

+33 1 58 19 34 16

Daniel Wilson

Daniel Wilson

Head of Press Relations and Social Media, Natixis

+33 1 58 19 10 40

Our contents are certified with the blockchain technology.
You can check the authenticity of a press release on the website wiztrust.com

About Natixis

Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €11.8 billion, a Basel 3 CET1 Ratio(1) of 11.7% and quality long-term ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings: A+). 

(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in

Figures as at 30 September 2020.

Follow us

Top of the page