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California  + Orange County  + Hospitality  | 

$115M Construction Loan Arranged for Anaheim Hotel Development

George Smith Partners secured a $115 million non-recourse senior construction loan for the ground-up development of a 326-key, four-star Radisson Blu hotel in Anaheim, CA. The 12-story hotel, located at 1601 S. Anaheim Blvd., is situated within the Disneyland/Anaheim Convention Center submarket, and will be one of the few four-star properties outside of the Disneyland Park.

The new development will feature an innovative, modern design with a focus on family-friendly amenities. Nearly one-half of the guest rooms will offer bunk beds. Also planned are a ground-floor swimming pool with food and beverage offerings, as well as a rooftop pool deck.

George Smith Partners’ Malcolm Davies and Zachary Streit secured the loan on behalf of BPM Real Estate Group. The loan was provided by 3650 REIT.

Streit says, “While there are nearly 300 Radisson Blu luxury hotels worldwide, the Anaheim Radisson Blu will be only the 4th of its kind in the United States.”

Construction will commence on November 30, with completion expected by late 2020.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Development
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