PMZ Realty Capital LLC Closes Record Amount of Deals in 2017


PMZ Realty Capital LLC, a national boutique real estate investment-banking firm focused on creating cutting-edge capital structures for its clients, reported today a record-breaking amount of deals in 2017. With a total dollar volume of almost one billion dollars representing financing for 60 hotels, this year marks the most successful year for the firm to date and emphasizes their extensive transaction history.
This year’s deal included almost every hospitality brand and some recent transactions included:

  • Holiday Inn Express & Suites, Charlotte, North Carolina completed a cash-out refinance loan with a favorable interest rate under 5%.
  • Hampton Inn Glenwood, Colorado completed an $8.3 million acquisition loan. This was a 70% loan-to-value loan which included an extensive PIP and 5% interest rate.
  • Holiday Inn Express Glenwood, Colorado completed a non-recourse acquisition loan.
  • Indigo Riverwalk, San Antonio, Texas completed a $13 million 5-year interest only acquisition loan with a regional bank.
  • Residence Inn Savannah Airport, Savannah, Georgia completed a $15,250,000 loan. This was the 12th deal for this particular client who took out proceeds for the construction of new hotels.
  • Hampton Albuquerque, New Mexico completed a fixed-rate refinance loan. This is the third deal PMZ has completed in Albuquerque this year.
  • TownePlace Suites/SpringHill Suites by Marriott, Colorado Springs, Colorado completed a $15 million fixed-rate loan.
  • Hampton Inn & Suites, Northeast Florida completed a $9.5 million non-recourse loan.
  • The Home2 Suites by Hilton, Amarillo, Texas, completed a $10.1 million loan that many lenders passed due to failure to understand the local market dynamics. PMZ worked with the owner to find a lender who understood the story of the property and closed the loan.

“PMZ Realty Capital LLC works with our clients to find the most favorable execution in terms of both proceeds and loan-terms based on our experience with closing hundreds of deals over the past several years and our strong relationships with all the major capital providers who operate in the hospitality industry,” said Michael Sonnabend, Managing Member, PMZ Realty Capital. “Our clients appreciate the created structures we put together tailored to their specific situation and needs. We anticipate financing to continue to be available in 2018. Increased room supply will continue to force lenders to maintain tight underwriting.”
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 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 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