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George Smith Partners Arranges $32M for Coachella Hotel Development

Multi Housing Advisors LLC. Interview with Marc Robinson of Multi Housing Advisors.. Jonathan Lee, a principal & managing director at George Smith Partners, sheds light on the opportunities.

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GSP Arranges $32M for Coachella Resort Construction Carrie Rossenfeld June 29, 2018 Hospitality & Tourism George smith partners (gsp) has arranged $32.4 million in financing for the ground-up development of a 250-room, 35-acre, casitas-style resort hotel flagged by an IHG Hotel Indigo in Coachella, California

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Pembrook Capital Management, LLC manages private equity funds that focus on commercial real estate debt strategies. Led by long-time industry veteran, Stuart J. Boesky, our team has the experience, expertise and capacity to help owners and developers of commercial real estate address their most complex financing challenges.

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June 28, 2018 – George Smith Partners, one of the nation’s leading commercial real estate capital market advisors, has successfully arranged $32.4 million in financing for the ground-up development of a 250-room, 35 acre, casitas-style resort hotel flagged by an IHG Hotel Indigo in Coachella, California on behalf of the developer, Glenroy Coachella.

Cushman & Wakefield secures $57M loan for Riverdale Park Station apartment – Washington Business Journal Washington D.C. metro area real estate. avison young. Jones Lang LaSalle.. Cushman & Wakefield secures $57M loan for Riverdale Park. The Residences at Riverdale Park Station will bring 229 apartments to the Prince George’s County. Jon Goldstein liked this.

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Encinitas-headquartered The Robert Green Co. will team with Montage International on the developers’ second Pendry-branded hospitality property, to be built in the desert city of La Quinta as part of a larger $360 million resort. The two companies recently opened the $120 million Pendry San Diego.

George Smith Partners arranged $50 million in construction financing for the redevelopment of a 258,000-square-foot, 13-story office tower in Los Angeles. The property will be converted into a 129-key Hyatt House and a 272-key Hyatt Place Hotel adjacent to LAX at 5959 West Century Blvd. Completion is planned for 2019.