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Seattle & Northwest  + Seattle  + Hospitality  | 
Seattle Hotel Gets $20M Loan as Part of New Broadshore Investment Program

Seattle Hotel Gets Loan as Part of Broadshore Investment Program

Broadshore Capital Partners has announced the formation of a $150 million hospitality investment program that will invest debt and equity through originating new high-yield financings, acquiring loans and making direct equity investments. Broadshore also announced a $20 million mezzanine construction loan to RevPAR Companies for the development of the 200-key AC Hotel by Marriott in the South Lake Union district of Seattle.

“We believe the general recovery of the hospitality industry from the pandemic-fueled setbacks present significant opportunities for our new investment program,” said Brad Howe, Broadshore’s CEO. “Our experience as a hospitality investor and lender, positions us to capitalize on what we view as a sizable market opening.”

Broadshore is partnering with a global alternative investment manager in the formation of the $150 million program, as the joint venture targets loan originations, performing and non-performing loan purchases and hotel acquisitions in the range of $10 – $75 million.


Inside The Story

Broadshore Capital PartnersRevPAR CompaniesBrad Howe

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Financing