{"id":1004278103,"date":"2018-11-08T07:30:35","date_gmt":"2018-11-08T15:30:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004278103"},"modified":"2022-12-08T22:24:40","modified_gmt":"2022-12-09T06:24:40","slug":"atlanta-marriott-gets-57m-refi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/atlanta-marriott-gets-57m-refi\/","title":{"rendered":"Atlanta Marriott Gets $57M Refi"},"content":{"rendered":"<p>By Jeff Hamann<\/p>\n<div id=\"attachment_1004278106\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Atlanta-Marriott-Perimeter-Center.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004278106\" data-attachment-id=\"1004278106\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/atlanta-marriott-gets-57m-refi\/atlanta-marriott-perimeter-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Atlanta-Marriott-Perimeter-Center.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Jeffrey Hamann&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1541672802&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;1&quot;}\" data-image-title=\"Atlanta Marriott Perimeter Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Atlanta Marriott Perimeter Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Atlanta-Marriott-Perimeter-Center.jpg?w=800\" class=\"wp-image-1004278106 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Atlanta-Marriott-Perimeter-Center.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Atlanta-Marriott-Perimeter-Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Atlanta-Marriott-Perimeter-Center.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Atlanta-Marriott-Perimeter-Center.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004278106\" class=\"wp-caption-text\">Atlanta Marriott Perimeter Center<\/p><\/div>\n<p>Integrated Capital has taken a $57 million refinancing package from Aareal Bank for the Atlanta Marriott Perimeter Center, a 344-key hotel. The loan pays down a prior, $52.8 million mortgage held by Emigrant Savings Bank. The loan matures in three years with the option to extend by one or two years, according to DeKalb County records.<\/p>\n<p>A Perkins Coie team of Daniel Marre, Jaclyn McNally and Edward Wicks secured the financing on behalf of the owner. In July, the law firm signed a nearly <a href=\"https:\/\/www.commercialsearch.com\/news\/durst-inks-2-new-leases-at-manhattan-office-tower\/\">60,000-square-foot office lease in Manhattan<\/a>.<\/p>\n<p>Located at 246 Perimeter Center Parkway N.E. in Dunwoody, Ga., the building rises 14 stories alongside Interstate 285, approximately 15 miles from the downtown Atlanta. The Dunwoody Station operates a short walk from the hotel, with the 1.6 million-square-foot Perimeter Mall nearby. Upwards of 18 million square feet of Class A office space is within a mile of the hospitality asset, according to Yardi Matrix.<\/p>\n<p>The Marriott is currently undergoing a significant, $14 million renovation, which will update guestrooms, amenities and the building\u2019s fa\u00e7ade. The hotel offers guests a 24-hour fitness center, a swimming pool and 18,000 square feet of meeting and conference space.<\/p>\n<p><em>Image via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Integrated Capital has nearly finished $14 million of renovations at the 344-key hotel. The new loan retires a $52.8 million prior mortgage held by Emigrant Bank.<\/p>\n","protected":false},"author":861,"featured_media":1004278106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21825,21751,21742],"tags":[36351,42884,33877,40979],"class_list":["post-1004278103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-finance","category-hotel","category-latest","tag-capital-improvement","tag-emigrant-savings-bank","tag-marriott","tag-perkins-coie"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Atlanta Marriott Gets $57M Refi - 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\/atlanta-marriott-gets-57m-refi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlanta Marriott Gets $57M Refi\" \/>\n<meta property=\"og:description\" content=\"Integrated Capital has nearly finished $14 million of renovations at the 344-key hotel. The new loan retires a $52.8 million prior mortgage held by Emigrant Bank.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/atlanta-marriott-gets-57m-refi\/\" \/>\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=\"2018-11-08T15:30:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T06:24:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Atlanta-Marriott-Perimeter-Center.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=\"Jeff Hamann\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlanta-marriott-gets-57m-refi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlanta-marriott-gets-57m-refi\\\/\"},\"author\":{\"name\":\"Jeff Hamann\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9dada606742ec2aa010683bdabf468f4\"},\"headline\":\"Atlanta Marriott Gets $57M Refi\",\"datePublished\":\"2018-11-08T15:30:35+00:00\",\"dateModified\":\"2022-12-09T06:24:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlanta-marriott-gets-57m-refi\\\/\"},\"wordCount\":209,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlanta-marriott-gets-57m-refi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/11\\\/Atlanta-Marriott-Perimeter-Center.jpg\",\"keywords\":[\"Capital improvement\",\"Emigrant Savings Bank\",\"Marriott\",\"Perkins Coie\"],\"articleSection\":[\"Atlanta\",\"Finance\",\"Hotel\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlanta-marriott-gets-57m-refi\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlanta-marriott-gets-57m-refi\\\/\",\"name\":\"Atlanta Marriott Gets $57M Refi - 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