FAQ: Greysteel's $14.91 Million Refinancing for Hilton Garden Inn Green Bay

What is the significance of the refinancing for Hilton Garden Inn Green Bay?

The refinancing provides Beechwood Hotel Group with a favorable loan structure, avoiding costly penalties and offering operational flexibility, ensuring the hotel’s continued success in Green Bay’s hospitality landscape.

Who provided the refinancing loan for the Hilton Garden Inn Green Bay?

Fox Communities Credit Union provided the $14.91 million First Perm Loan for the refinancing.

How does the refinancing benefit Beechwood Hotel Group?

The loan offers a floating rate structure that decreases with Federal Reserve rate cuts, features a flexible covenant structure, and was completed ahead of the property’s CMBS loan maturity, securing favorable terms.

Where is the Hilton Garden Inn Green Bay located?

It is located in the heart of the Lambeau Field Stadium District, near historic Lambeau Field, the Resch Center, and various attractions.

Who represented Beechwood Hotel Group in the refinancing transaction?

Stephen Haase represented Beechwood Hotel Group in the transaction.

What makes the Hilton Garden Inn Green Bay a premier hospitality destination?

Its prime location near major attractions and recent renovations enhance the guest experience, solidifying its reputation in the region.

What does Greysteel specialize in?

Greysteel is a commercial real estate investment sales and debt and structured finance advisory firm, offering services like investment sales, debt placement, and equity placement.

How can I find more information about Greysteel?

For more information, visit www.greysteel.com.