09.30.15

PMZ Realty Capital LLC Arranges $10 Million Fixed Rate Loan for Home 2 Suites by Hilton

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PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for their clients, has arranged a $10-million-dollar long term fixed rate loan at a favorable rate for the Home 2 Suites by Hilton in Lexington Park, Maryland. The loan has a low fixed interest rate for a period of 10 years and was completed relatively quickly.
“This fixed rate loan offers our client the ability to leverage their cash flow with more advantageous terms,” stated Peter Berk, President, PMZ Realty Capital-Hotel Finance Group. “This was a highly sought after deal by lenders who recognized the value of the Home 2 Suites brand and the strength of the Lexington Park market. This is the second Home 2 Suites by Hilton hotel that PMZ has been able to finance in the last 30 days.”

The 100 studio and one bedroom suites property is located directly across the street from Patuxent River Naval Air station and close to many government contractors including Lockheed Martin, Boeing, SAIC, Northrop Grumman and BAE. St. Mary’s River State Park and the Chesapeake Bay are minutes away from this extended stay hotel.

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 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.

I’ve had the opportunity to complete a dozen debt and equity transactions with Mike and Peter over the past ten years and value their financial and business insight. They bring innovative ideas and fresh thinking to each of their deals, and helped structure both debt and joint venture transactions that exceeded our expectations. Above all, we respect them and their firm as trustworthy advisors who are focused on their clients and their needs.

Ashish Parikh
Chief Financial Officer, Hersha Hospitality Trust