Los Angeles, CA – March 25, 2021 - RobertDouglas announced today that it advised Capitol District Hotel LLC with the $85.6 million recapitalization of the Omaha Marriott Downtown at the Capitol District located in Downtown Omaha, Nebraska.
The upper-upscale, institutional-quality hotel features 333 keys, 15,000 square feet of meeting space, and 17,000 square feet of additional retail space. “Recently opened in 2017, the property anchors the City’s Capitol District, a 24/7, live-work-play destination dining and entertainment district walking distance to TD Ameritrade Park, The Old Market, and CHI Health Center Omaha,” noted Greg Mendell, an Associate at RobertDouglas.
”We are proud to have advised on this recapitalization,” remarked Stephen O’Connor, a Principal and Managing Director of RobertDouglas. “The landmark asset is the premier hotel in Downtown Omaha, and we look forward to seeing it operate at its full potential in the near future as the market recovers from the COVID-19 pandemic,” said O’Connor.
RobertDouglas is a real estate investment banking firm with offices in New York, Nashville, Los Angeles, and San Francisco that specializes in the sale, financing, and equity capitalization of hotel, resort, and gaming properties throughout North America. Founded by two of the hotel industry’s pre‐eminent finance professionals, Rob Stiles and Doug Hercher, RobertDouglas offers exceptional domestic and international institutional investor and lender relationships. RobertDouglas combines the capital markets sophistication of top-tier investment banks with detailed hotel underwriting and asset management experience, providing the firm with unique capabilities in an underserved market. For more information, contact info@robert‐douglas.com or go to www.robert-douglas.com.