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