Visions Hotel Portfolio II

Location: Various, NY
Type: Hospitality
Price: $62,200,000

SMC provided a $62,200,000 loan to acquire two hotel properties and refinance the existing debt on eight properties. The collateral is a 10-hotel, 955-key select service hotel portfolio located throughout Upstate New York. The portfolio includes two Marriott properties, three Hilton properties and five IHG properties.