BEVERLY HILLS, CA, MARCH 31, 2005: Hotel Financial Strategies
(HFS) is pleased to announce seven (7) loan closings totaling $109,000,000.
The variety of projects include:
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construction and mezzanine for a Hilton Garden Inn in Ventura
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A & D loan for the Pointe Resort in San Diego
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acquisition financing for Four Points Sheraton in New Orleans
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two Hampton Inns in Arizona
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bridge financing on two high-end boutique hotels, the Andalusia in Santa
Barbara and the Belamar in Manhattan Beach, both at completion of construction.
Each project had unique characteristics and benefited by the existing financial
market conditions. These loans were done with various banks and mezzanine
funds.
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