09.12.18

PMZ Realty Capital Arranges $13 Million Permanent Loan for Hilton Garden Inn Bettendorf

New York, NY, May 01, 2018 – PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, has arranged a $13,000,000 permanent loan for the Hilton Garden Inn Bettendorf/Quad Cities located in Bettendorf, Iowa.

The 115-room Hilton Garden Inn Bettendorf/Quad Cities is the ideal place for business and leisure travelers with a complimentary fitness center, 24-hour business center. The guestrooms are equipped with complimentary WiFi and feature work desks with adjustable lighting, ergonomic chairs along with a refrigerator, microwave and coffee maker. The property features 2,400 square feet of versatile meeting and event space including a modern boardroom and ballroom that can be divided into three sections.

“This asset is the premier hotel in the Quad Cities and attracted strong interest from the lending community. We were ultimately able to secure exceptional financing which provided the ownership group with proceeds to start on two new hotel projects,” stated Peter Berk, President, PMZ Realty Capital.

The Hilton Garden Inn is located five miles from the Quad City International Airport right off I-74, in the heart of the Quad Cities. Guests have easy access to popular restaurants, shops and Iowa attractions including the iWireless Center, Isle of Capri Casino, The Rock Island Arsenal, Niabi Zoo, and John Deere Pavilion.

PMZ Realty Capital LLC is highly regarded 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 Peter Berk, President, PMZ Realty Capital LLC at (212) 277-8265.

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 refinanced a substantial portion of our portfolio: 18 loans for both limited and select service hotels across four states, in excess of $200 million total in-debt financing. I always value PMZ’s insight into the current state of the financing market. They are always responsive, enthusiastic and have in depth knowledge of the financing markets. I am confident that PMZ would add value as financial consultants/brokers from their experience in the hospitality industry.

Hasmukh (H.P.) Rama
Auro Hotels (Formerly JHM Hotels), Chairman of the Board