11.17.16

PMZ Capital Realty Arranges $12.75 Million Loan for Hilton Garden Inn Kennesaw

PMZ Realty Capital, LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, has arranged a $12,750,000 loan for the Hilton Garden Inn Atlanta NW/Kennesaw Town Center.

The 114-room and 9-suite property is located in Kennesaw, Georgia one mile from the Town Center Mall and minutes from the fine dining and business parks in Atlanta. The hotel features complimentary Wi-Fi, a 24-hour business center, complimentary fitness center, 3,300 square feet of meeting space and a full-service restaurant.

“This loan allowed the borrower to refinance their existing CMBS loan that was coming due,” stated Peter Berk, President, PMZ Realty Capital. “The property is a top branded hotel that performs at the top of its competitive set with a RevPAR index above 100% which helped us secure a loan at favorable terms and close in 35-days to meet the timing of the maturing loan.”

PMZ Realty Capital LLC is highly regarding within the hospitality industry for their integrity, creativity and advocacy on behalf of their clients. With over 75 years of combined experience, they are the industry experts and as such, are frequent contributors to industry publications and conferences. The firm approaches each assignment with passion, commitment and dedication to achieving the client’s objectives.

For more information about PMZ Realty Capital LLC or to contact the firm to finance your next hotel, contact Michael Sonnabend, Managing Member, PMZ Realty Capital LLC at (212) 277-8252.

About PMZ Realty Capital LLC
PMZ Realty Capital LLC is a boutique real estate investment banking firm that operates on a nationwide basis. Their advisory services are focused and highly specialized with the singular goal of creating the most advantageous capital structure for their clients. The firm focuses on debt and equity financing, note sales, joint ventures, recapitalizations and real estate advisory services. PMZ Realty Capital LLC is a national leader in hospitality financing and also has an extensive transaction history with other asset classes, including office, retail, self-storage, multi-family and industrial properties.

PMZ has worked with our franchisees for over two decades financing all of the Hilton brands.  They have extensive experience with our brands and in the capital markets and have provided outstanding customer service.  Their business consistently finds creative financing solutions for our licensees, which, in turn, helps the Hilton Franchise Development Team achieve our growth objectives. PMZ brings trust and commitment to our franchisees.  We look forward to continuing our relationship with PMZ and recommending them to our franchisees in the future.

Bill Fortier
Senior Vice President Development, Hilton Worldwide