The Alberleen Group
  • Home
  • Who We Are
    • Management
    • Our Team
    • Our Board
  • Family Office
  • Impact Investing
  • Investment Banking
    • Overview
    • Industries
    • Our Services
    • Transactions
    • Contact
  • News / Events
  • Contact

News

RobertDouglas Advises 21c Cincinnati LLC on the $13.0‐Million Refinancing of the 21c Museum Hotel in Cincinnati, Ohio

10/2/2014

 
New York, NY – Robert­Dou­glas announced today that it advised 21c Cincin­nati LLC in the $13.0‐million refi­nanc­ing of the 21c Museum Hotel located in Cincin­nati, Ohio. The financ­ing was pro­vided by Repub­lic Bank.

Ranked as the #1 Hotel in the US in 2013 by read­ers of Condé Nast Trav­eler, 21c Museum Hotel Cincin­nati is a national award‐winning bou­tique hotel, vibrant con­tem­po­rary art museum, with a sig­na­ture restau­rant, full‐service spa, and rooftop bar sit­u­ated in the heart of down­town Cincin­nati. The hotel opened in Novem­ber 2012 fol­low­ing the com­plete rede­vel­op­ment of the his­toric, 100‐year‐old Metro­pole Hotel, and fea­tures 156 gue­strooms and suites and 8,000 square feet of func­tion space ded­i­cated to exhibit­ing the art of the 21st century.
“21c Museum Hotel Cincin­nati is a remark­able prop­erty and an excel­lent ambas­sador for this excit­ing and grow­ing brand”, remarked Chris Ropko, Direc­tor at Robert­Dou­glas. “Lenders were drawn to this oppor­tu­nity by the hotel’s excel­lent Spon­sor­ship, high‐quality fin­ishes, and impres­sive finan­cial per­for­mance. We assem­bled a num­ber of very strong pro­pos­als, pro­vid­ing Own­er­ship with a num­ber of financ­ing options.”

“Spon­sor­ship was focused on replac­ing con­struc­tion financ­ing with an efficiently‐priced, non‐recourse senior mort­gage”, remarked Evan Hurd, Direc­tor at Robert­Dou­glas.  “Ulti­mately, Repub­lic Bank stood out from a very com­pet­i­tive field and offered a pro­posal that best met our client’s over­all objectives.”

Comments are closed.

    Archives

    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    July 2017
    June 2017
    May 2017
    February 2017
    January 2017
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    May 2015
    April 2015
    March 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    June 2014
    May 2014
    April 2014
    February 2014
    January 2014
    November 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    March 2013
    February 2013
    January 2013
    September 2012
    August 2012
    June 2012
    May 2012
    February 2012


    RSS Feed

Home
Who We Are
Our Board
News / Events
Investment Banking
Family Office
Impact Investing
Contact Us
Careers
Terms of Use
Picture
Picture
© COPYRIGHT 2018. ALL RIGHTS RESERVED.
None of the information contained in this web site constitutes a recommendation, solicitation or offer by Alberleen or its affiliates to buy or sell any securities or other financial instruments of any person or provide any investment advice or service.  All securities are offered exclusively through Cuttone & Co., LLC, a broker-dealer member of FINRA and SIPC.
  • Home
  • Who We Are
    • Management
    • Our Team
    • Our Board
  • Family Office
  • Impact Investing
  • Investment Banking
    • Overview
    • Industries
    • Our Services
    • Transactions
    • Contact
  • News / Events
  • Contact
✕