- 5 pictures
- 1. Apr 2019
Marriott Hotel & Convention Center
Deal: Marriott Hotel & Convention Center
Location: Tacoma, WA
Collateral: The Marriott Hotel and Convention Center is a 22-story hotel containing 304 guest rooms, 9,000 SF of event space, and a 10,000 SF ballroom.
Purpose: After EB-5 funds became scarce, the developer needed $78,000,000 to complete the construction of the Marriott Hotel and Convention Center in downtown Tacoma. The loan request had several complicating factors such as foreign national sponsorship, funding mid-construction, etc. We brought in a lender who specializes in complex transactions such as this and secured the capital needed for completion.See More Results