{"id":1004186132,"date":"2017-08-07T04:15:28","date_gmt":"2017-08-07T12:15:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004186132"},"modified":"2022-12-07T03:21:16","modified_gmt":"2022-12-07T11:21:16","slug":"geolo-capital-jv-scores-80m-for-seattle-mixed-use-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/","title":{"rendered":"Geolo Capital JV Scores $80M for Seattle Mid-Rise"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/em><\/p>\n

\"Thompson<\/a>

Thompson Seattle Hotel<\/p><\/div>\n

A joint venture between Geolo Capital and former Touchstone principals Douglas Howe and Shawn Parry has secured $80 million to refinance the recently developed Thompson Hotel<\/a> and Sequel Apartments in downtown Seattle, Wash.<\/p>\n

PCCP LLC provided the $80 million senior loan for the 12-story, mixed-use project that comprises the 155-key Thompson Hotel and 93 apartment units.<\/p>\n

\u201cPCCP\u2019s loan retired the original construction loan on the asset,\u201d Dorian Farhang, PCCP\u2019s vice president, said in a prepared release. \u201cThe Sequel Apartments and Thompson Seattle Hotel are well-positioned as core apartments and a luxury-boutique hotel in a strong hospitality market.\u00a0 With an exceptional downtown Seattle location, the property will serve the needs of discerning users from both hospitality and residential perspectives.\u201d<\/em><\/p>\n

Property features<\/h2>\n

Located at 110 Stewart St., the Thompson Seattle Hotel was designed by internationally renowned architecture firm, Olson Kundig, and features floor-to-ceiling glass exteriors, modern finishes and a popular rooftop bar with unobstructed views of Puget Sound.<\/p>\n

The Sequel Apartments are located at 1900 1st\u00a0Ave., and feature industrial-chic finishes, an array of resident services, and a rooftop deck.<\/p>\n

Since beginning in 1998, PCCP has successfully raised, invested and managed more than $14 billion of institutional capital through a series of investment vehicles.<\/p>\n

Image courtesy of Thompson Hotels<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

PCCP provided the senior loan for the 12-story, mixed-use project that includes a 155-key Thompson Hotel and 93 apartment units.<\/p>\n","protected":false},"author":451,"featured_media":1004186164,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21825,21751,21752,21742,1610,15],"tags":[37104,36730,37113],"class_list":["post-1004186132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-finance","category-hotel","category-mixed-use","category-latest","category-seattle","category-west","tag-geolo-capital","tag-thompson-hotels","tag-touchstone-corporation"],"acf":[],"yoast_head":"\nGeolo Capital JV Scores $80M for Seattle Mid-Rise - 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\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Geolo Capital JV Scores $80M for Seattle Mid-Rise\" \/>\n<meta property=\"og:description\" content=\"PCCP provided the senior loan for the 12-story, mixed-use project that includes a 155-key Thompson Hotel and 93 apartment units.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/\" \/>\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=\"2017-08-07T12:15:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T11:21:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\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\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/\",\"name\":\"Geolo Capital JV Scores $80M for Seattle Mid-Rise - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg\",\"datePublished\":\"2017-08-07T12:15:28+00:00\",\"dateModified\":\"2022-12-07T11:21:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg\",\"width\":800,\"height\":620,\"caption\":\"Thompson Seattle Hotel\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Geolo Capital JV Scores $80M for Seattle Mid-Rise\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f\",\"name\":\"Keith Loria\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"caption\":\"Keith Loria\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/keith-loria\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Geolo Capital JV Scores $80M for Seattle Mid-Rise - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/","og_locale":"en_US","og_type":"article","og_title":"Geolo Capital JV Scores $80M for Seattle Mid-Rise","og_description":"PCCP provided the senior loan for the 12-story, mixed-use project that includes a 155-key Thompson Hotel and 93 apartment units.","og_url":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-08-07T12:15:28+00:00","article_modified_time":"2022-12-07T11:21:16+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg","type":"image\/jpeg"}],"author":"Keith Loria","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/","url":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/","name":"Geolo Capital JV Scores $80M for Seattle Mid-Rise - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg","datePublished":"2017-08-07T12:15:28+00:00","dateModified":"2022-12-07T11:21:16+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg","width":800,"height":620,"caption":"Thompson Seattle Hotel"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/geolo-capital-jv-scores-80m-for-seattle-mixed-use-development\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Geolo Capital JV Scores $80M for Seattle Mid-Rise"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f","name":"Keith Loria","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","caption":"Keith Loria"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/keith-loria\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Thompson-Seattle-Hotel.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004186132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/451"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004186132"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004186132\/revisions"}],"predecessor-version":[{"id":1004186213,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004186132\/revisions\/1004186213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004186164"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004186132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004186132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004186132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}