TownePlace Suites – BWI

Location: Linthicum, MD
Type: Hospitality
Price: $9,750,000

SMC has provided a $9,750,000 loan for the refinance of the TownPlace Suites, a 4-story, 136-room, extended stay hotel offering a breakfast bar, a full service business center, meeting space, a fitness center, pool, and a BBQ/picnic area, minutes from the Baltimore-BWI Airport . The Sponsor developed the Property in April 2007, with its current flag, TownePlace Suites, which expires in April 2027. In 2010, the Subject underwent improvements to reach LEED Gold Existing Building certification.