{"id":1004180624,"date":"2017-06-15T06:54:22","date_gmt":"2017-06-15T14:54:22","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004180624"},"modified":"2022-12-08T09:08:49","modified_gmt":"2022-12-08T17:08:49","slug":"washington-hyatt-place-scores-39m-financing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/washington-hyatt-place-scores-39m-financing\/","title":{"rendered":"Natixis Scores $39M Loan for Hyatt Acquisition"},"content":{"rendered":"

By Evelina Croitoru<\/p>\n

French corporate and investment bank Natixis arranged a $39 million floating-rate first mortgage for the acquisition of the 200-key Hyatt Place hotel located in the NoMa neighborhood of Washington, D.C. The company arranged the loan on behalf of the borrower, The Excel Group, a real estate acquisition and asset management company.<\/p>\n

Strategically-Located Hotel<\/h2>\n

Located at 33 New York Ave. N.E., the 14-story building constructed in 2014 was designed by Cooper Carry Architects. The LEED Silver property features a lounge, 1,600 square feet of meeting space, an outdoor pool, a fitness and a business center.<\/p>\n

Only two blocks from the NoMa-Gallaudet Metro Station, the hotel offers convenient access to government agencies such as the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Department of Justice, as well as private corporations and organizations.<\/p>\n

The NoMa neighborhood underwent significant transformations over the past 10\u00a0years and is poised for sustained growth, with 8.3 million square feet of office space expected to come online in the near future. Additionally, 4,235 residential units and roughly 200,000 square feet of retail space are expected to be completed by 2019.<\/p>\n

Images courtesy of Hyatt<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Excel Group received a $39 million loan for the acquisition of 200-key Hyatt Place Washington DC\/US Capitol, located in the NoMa neighborhood of Washington, D.C.<\/p>\n","protected":false},"author":1055,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21751,11,21742,1615],"tags":[34405,36184,33185,34029],"class_list":["post-1004180624","post","type-post","status-publish","format-standard","hentry","category-finance","category-hotel","category-midatlantic","category-latest","category-washington-dc","tag-cooper-carry-architects","tag-excel-group","tag-hyatt","tag-natixis"],"acf":[],"yoast_head":"\nNatixis Scores $39M Loan for Hyatt Acquisition - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/washington-hyatt-place-scores-39m-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Natixis Scores $39M Loan for Hyatt Acquisition\" \/>\n<meta property=\"og:description\" content=\"The Excel Group received a $39 million loan for the acquisition of 200-key Hyatt Place Washington DC\/US Capitol, located in the NoMa neighborhood of Washington, D.C.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/washington-hyatt-place-scores-39m-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-15T14:54:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T17:08:49+00:00\" \/>\n<meta name=\"author\" content=\"Evelina Croitoru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/washington-hyatt-place-scores-39m-financing\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/washington-hyatt-place-scores-39m-financing\/\",\"name\":\"Natixis Scores $39M Loan for Hyatt Acquisition - 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