{"id":1004348933,"date":"2019-08-29T02:09:30","date_gmt":"2019-08-29T10:09:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004348933"},"modified":"2019-08-29T02:09:30","modified_gmt":"2019-08-29T10:09:30","slug":"atlanta-embassy-suites-hotel-scores-39m-loan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/atlanta-embassy-suites-hotel-scores-39m-loan\/","title":{"rendered":"Atlanta Embassy Suites Hotel Scores $39M Loan"},"content":{"rendered":"
\"Embassy<\/a>

Embassy Suites Atlantic Station. Image courtesy of Canyon Partners<\/em><\/p><\/div>\n

Horizon Hospitality Management has obtained $38.7 million in construction financing for Embassy Suites Atlantic Station, a 181-key full-service hotel in Atlanta. Canyon Partners Real Estate provided the funds and Nick Barbaria of Arriba Capital brokered the loan. Construction is slated for completion in January 2021.<\/p>\n

The hotel is set to rise within Atlantic Station\u2014the $2 billion mixed-use development in Atlanta\u2019s Midtown\u2014at the intersection of 17th<\/sup> and State streets, one mile north of the Georgia Institute of Technology. The site is close to interstates 75 and 85, and Hartsfield-Jackson Atlanta International Airport is 12 miles south.<\/p>\n

Designed by Lindsay Pope Brayfield Clifford & Assoc., the six-story development will feature four subterranean levels of structured parking, 3,000 square feet of meeting space, an indoor swimming pool, fitness room, business center ground-floor restaurant. Embassy Suites Atlantic Station will also have access to Hilton\u2019s reservation system, guest loyalty program and sales team.<\/p>\n

According to Al Patel, chief development officer at Horizon, more than 6 million people visited Midtown in 2018 and tourism is expected to continue growing. In that respect, Atlanta is one of the three locations where Hilton will launch its new brand<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

The 181-key asset will rise within Atlantic Station, the $2 billion mixed-use development in Midtown. <\/p>\n","protected":false},"author":870,"featured_media":1004348942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21782,21825,21751,21742],"tags":[46805,36998,33404,32805,32979],"class_list":["post-1004348933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-development","category-finance","category-hotel","category-latest","tag-arriba-capital","tag-canyon-partners-real-estate-llc","tag-embassy-suites-by-hilton","tag-hilton","tag-lindsay-pope-brayfield-associates"],"acf":[],"yoast_head":"\nAtlanta Embassy Suites Hotel Scores $39M Loan - 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-embassy-suites-hotel-scores-39m-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlanta Embassy Suites Hotel Scores $39M Loan\" \/>\n<meta property=\"og:description\" content=\"The 181-key asset will rise within Atlantic Station, the $2 billion mixed-use development in Midtown.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/atlanta-embassy-suites-hotel-scores-39m-loan\/\" \/>\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=\"2019-08-29T10:09:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Embassy-Suites-Atlanta-Station-e1567071750629.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1113\" \/>\n\t<meta property=\"og:image:height\" content=\"834\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\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\/atlanta-embassy-suites-hotel-scores-39m-loan\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/atlanta-embassy-suites-hotel-scores-39m-loan\/\",\"name\":\"Atlanta Embassy Suites Hotel Scores $39M Loan - 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