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Atlanta & Southeast  + Atlanta  + Finance  |  October 8, 2021
REVERB Hotel by Hard Rock in Downtown Atlanta
Lisa McDuffie
By: Lisa McDuffie

CIM Group Provides $43M Bridge Loan Secured by REVERB Hotel in Downtown Atlanta

An affiliate of CIM Group has closed a $43.2-million bridge loan provided to Bolton Atlanta, LP to refinance the 195-room REVERB Hotel by Hard Rock. A 12-story LED billboard is also included in the deal.

Will James of Colliers arranged the financing for the borrower.

REVERB Hotel opened in December 2020 and marked the introduction of this new hotel concept by Hard Rock International. The property is directly adjacent to Mercedes-Benz Stadium, State Farm Arena, Georgia World Congress Center and CNN Center.

The REVERB Hotel features technology-enhanced guest rooms, co-working spaces, soundproofed rooms for personal music sessions or recording podcasts, and a designated performance area for live music, all designed in a modern, urban style. The hotel also offers specialty food and drink offerings within a café, restaurant, and a rooftop bar with views of the Atlanta skyline.

Read More News Stories About: Colliers
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Inside The Story

CIM Group

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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