{"id":1004215695,"date":"2018-04-05T10:24:03","date_gmt":"2018-04-05T18:24:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004215695"},"modified":"2022-12-07T23:44:00","modified_gmt":"2022-12-08T07:44:00","slug":"d-c-area-hyatt-hotel-lands-47m-financing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/d-c-area-hyatt-hotel-lands-47m-financing\/","title":{"rendered":"DC-Area Hyatt Hotel Lands $47M Financing"},"content":{"rendered":"<p>By Beata Lorincz<\/p>\n<div id=\"attachment_1004215701\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Hyatt-Place-Arlington-Courthouse-Plaza.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004215701\" data-attachment-id=\"1004215701\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/d-c-area-hyatt-hotel-lands-47m-financing\/hyatt-place-arlington-courthouse-plaza\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Hyatt-Place-Arlington-Courthouse-Plaza.jpg\" data-orig-size=\"544,440\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Hyatt Place Arlington Courthouse Plaza\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hyatt Place Arlington Courthouse Plaza&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Hyatt-Place-Arlington-Courthouse-Plaza.jpg?w=544\" class=\"wp-image-1004215701 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Hyatt-Place-Arlington-Courthouse-Plaza.jpg\" alt=\"\" width=\"300\" height=\"243\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Hyatt-Place-Arlington-Courthouse-Plaza.jpg 544w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Hyatt-Place-Arlington-Courthouse-Plaza.jpg?resize=300,243 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004215701\" class=\"wp-caption-text\">Hyatt Place Arlington Courthouse Plaza<\/p><\/div>\n<p>EagleBank has provided a $47 million bridge loan for the 168-key Hyatt Place Arlington Courthouse Plaza, a select-service hotel in Virginia. <a href=\"https:\/\/www.commercialsearch.com\/news\/doubletree-by-hilton-greensboro-receives-21m-refi\/\">Mission Capital Advisors<\/a> represented a joint venture of The Schupp Cos. and LodgeWorks Partners in securing the refinancing of the hotel\u2019s construction loan.<\/p>\n<p>The property is located at 2401 Wilson Blvd. in Arlington, Va., with downtown Washington, D.C. a 12-minute drive away. The site is adjacent to the Association of the United States Army (AUSA) Conference and Event Center, representing an easy accommodation choice for conference attendees. Built in 2016, the hotel rises eight stories. On-site amenities include:<\/p>\n<ul>\n<li>wine bar and restaurant<\/li>\n<li>business center<\/li>\n<li>fitness center<\/li>\n<li>80 spaces of indoor valet parking<\/li>\n<li>all-day dining<\/li>\n<\/ul>\n<p>The Mission Capital team representing the owners included Managing Directors Jason Parker and Ari Hirt, along with Vice President Jamie Matheny.<\/p>\n<p><em>\u201cThere were a lot of capital providers interested in this opportunity, and the strong demand we generated enabled us to structure a very strong deal on behalf of our client,\u201d<\/em>\u00a0Parker\u00a0told\u00a0<em>Commercial Property Executive.<\/em><\/p>\n<p><em>Image courtesy of\u00a0Mission Capital Advisors\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mission Capital Advisors secured bridge financing for the 168-key Hyatt Place Arlington. Completed in 2016, the property is a 12-minute drive from downtown Washington, D.C.<\/p>\n","protected":false},"author":739,"featured_media":1004215701,"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":[35185,33185,33476,34876],"class_list":["post-1004215695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-hotel","category-midatlantic","category-latest","category-washington-dc","tag-eaglebank","tag-hyatt","tag-lodgeworks-partners","tag-mission-capital-advisors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DC-Area Hyatt Hotel Lands $47M Financing - 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\/d-c-area-hyatt-hotel-lands-47m-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DC-Area Hyatt Hotel Lands $47M Financing\" \/>\n<meta property=\"og:description\" content=\"Mission Capital Advisors secured bridge financing for the 168-key Hyatt Place Arlington. 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