Seattle Hospitality Bridge Financing
120-key/ Hospitality | Seattle, WA
Seattle, WA
Location
Hospitality
Property Type
Bridge Financing
Loan
$36.79M
Loan Amount
3+1+1
Loan Term
OUR PORTFOLIO
120-key/ Hospitality | Seattle, WA
Location
Property Type
Loan
Loan Amount
Loan Term
Palladius Capital Management originated first-lien bridge financing secured by a 120-key, full-service operating hotel in Downtown Seattle. The asset features comprehensive hospitality amenities, including meeting space, spa and fitness facilities, a restaurant and lobby bar, and structured parking, and is strategically located near major employment centers and demand drivers such as Pike Place Market, the Seattle Waterfront, and the Cruise Ferry Terminal. The sponsor has an extensive track record in the development and positioning of major national and international hotel brands.
Seattle, WA