New York, NY – Smith Travel Research, Hotel News Now, and RobertDouglas conducted a second hospitality lending survey to measure the current state of financing market conditions and to ascertain critical future expectations through the lens of the specialist hospitality lending community. Over fifty lenders, including senior balance sheet lenders, CMBS lenders, and providers of subordinate debt financing, participated in this inaugural survey – together representing the source of more than 75% of all hotel debt with loan balances in excess of $10 million that was originated in the U.S. in 2014.
New York, NY — Jolyne Caruso received an award for her achievements as CEO of The Alberleen Group at the SmartCEO Future 50 Awards held Thursday, January 29, 2015.
New York, NY — Jolyne Caruso participated on a panel at the ACG Women of Leadership Summit on January 22, 2015. The panel discussion, entitled “The Family Office: The Influence and Evolution of the Family Office in PE Investing,” included members of three family offices who discussed the opportunities and challenges facing family offices investing in direct deals.
RobertDouglas Advises Owners in the Financing of Legendary Beverly Hilton Hotel and Construction Financing of the Waldorf Astoria Beverly Hills
RobertDouglas Advises Hospitality Resorts, Inc. on a CAD$150 Million Financing for the Hilton Niagara Falls/Fallsview Hotel
New York, NY – January 10, 2015 – RobertDouglas announced today that it has advised Hospitality Resorts Inc. on a CAD$150 million refinancing of the 965‐key Hilton Niagara Falls/Fallsview Hotel and Suites, located in Niagara Falls, Ontario. Hospitality Resorts Inc. is a privately-owned hotel investment, development and management company that has been active in the Niagara hotel and restaurant businesses for more than 40 years. The fixed-rate, seven-year financing was provided by Pacific Life.
The Hilton Fallsview is comprised of three towers, including a 53-story tower completed in 2009, and has 417 luxurious suites, making it one of the largest hotels in Canada, and also among the largest independently-managed Hilton hotels in the world. Connected to the Fallsview Casino, the hotel’s over-sized rooms offer spectacular views of both the American and Canadian falls, as well as access to a wide array of resort amenities.