New York, NY – RobertDouglas announced today that it advised Richardson Redo LLC (“Redo”) in the sale of the Residence Inn Hartford Downtown, a, mixed-use property located in the historic Richardson Building, a former Brown Thompson department store designed by H. H. Richardson, the pre-eminent 19th Century architect. The property includes the 120-suite Residence Inn by Marriott, nearly 70,000 square feet of retail and commercial space, and 139 spaces of garage and surface parking. Located in the heart of downtown Hartford, the Residence Inn has consistently been a market leader.
New York, NY – RobertDouglas announced today that it advised Normandy Real Estate Partners and Contrarian Capital Management in the sale of the 114‐key Ames Boston Hotel, a boutique luxury hotel in the heart of downtown Boston, to Gencom, one of North America’s leading luxury hotel and residential investment and development firms.
Considered to be Boston’s first skyscraper, the Ames Boston Hotel is listed on the National Register of Historic Places and is the second tallest masonry load bearing wall structure in the world. Originally constructed in 1893, the hotel enjoys a prime location in the Government Center, within walking distance of the financial district and the renowned Faneuil Hall Market.
TAG Financial Institutions Group Advises Clear Blue Insurance Company on Acquisition of Two Subsidiaries
New York — TAG Financial Institutions Group is pleased to announce that Clear Blue Financial Holdings, LLC (“Clear Blue”) has been assigned a financial strength rating of A– (Excellent) and the issuer credit ratings of “a-” for its two insurers, Clear Blue Insurance Company and Clear Blue Specialty Insurance Company. TAG Financial raised equity capital to finance the business, identified and advised on the acquisition of the two insurance subsidiaries, and advised on aspects of the rating and regulatory processes.