Courtyard Chicago Wood Dale

Location: Wood Dale, IL
Type: Hospitality
Price: $ 7,600,000

SMC provided a $7,600,000 loan to refinance the Borrower’s prior debt on Courtyard Chicago Wood Dale. The Property is a 149-room, limited-service hotel located in Wood Dale, Illinois, less than 5-miles from Chicago O’Hare International Airport. Built in 1988 and renovated in 2011, the Property consists of one 3-story building that has been renovated to Marriott’s latest standards for its Courtyard brand. The Property includes 1,638 SF of total meeting space, a heated indoor pool with whirlpool, a fitness center, a business center, a newly renovated lobby and an on-site bistro serving breakfast and dinner.