Regency Capital Partners

Hyatt House Portland


Hyatt House Portland

Summary

Regency Capital Partners (RCP) arranged the non-recourse construction financing for the development of this 203-room, 6-story Hyatt House in Portland. The Hyatt House at RiverPlace will be the only Hyatt hotel within Portland's downtown area, located next to the Willamette River and adjacent to the city's retail and financial centers. A deluxe suite brand under the Hyatt's umbrella, Hyatt House caters to extended stay guests looking for the comforts and convenience of home, and enjoys the global reach of Hyatt's Reward Program. RCP secured non-recourse construction financing at sub 5%, with a mini-perm to allow the Borrower time to stabilize the Property.


Transaction Details

LOAN AMOUNT $17,500,000
FINANCING TYPE Construction
LENDER TYPE Domestic Bank
PROPERTY TYPE Hospitality
PROPERTY ADDRESS
Map
SW River Drive & SW River Pkway
Portland, OR
PROPERTY DESCRIPTION This is a 203-room Hyatt House flagged hotel in Portland, OR.