Real Estate Weekly

Tag : hotel conversions

Debt & EquityFeatured

Kriss Capital funds $32M loan for hotel to apartment conversion in Connecticut

REW
Kriss Capital has originated a $32 million construction loan to finance the conversion of a vacant 381-key hotel located in Farmington, Connecticut, into a 225-unit market-rate apartment community.  The loan was provided to an affiliate of CSRE Group,...