Assignment Overview
RobertDouglas advised 1907 Capital on the refinancing of a dual-branded Hilton hotel in the heart of Chicago’s West Loop.
Project Overview
The 350-key dual-brand Canopy by Hilton and Hilton Garden Inn Chicago, situated in the dynamic River North district, offers a seamless blend of contemporary elegance and practical comfort. The hotel, which opened in 2020, features stylish and modern accommodations that cater to both business and leisure travelers.
Guests can take advantage of a range of amenities, including a state-of-the-art fitness center, a welcoming rooftop terrace with panoramic city views, and a full-service restaurant offering locally sourced cuisine. Its prime location puts visitors within walking distance of popular attractions such as the Magnificent Mile and the Chicago Riverwalk, making it an ideal base for exploring the vibrant cityscape of Chicago.
Deal Highlights
| Client: Lender: Debt Proceeds: Key Count: | 1907 Capital Citibank $40.0 million 350 |
