National CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

National  + Michigan  + Hospitality  | 

Sonnenblick-Eichner Arranges $136M Financing for Hilton Portfolio

Sonnenblick-Eichner Company arranged $135.78 million of non-recourse, first mortgage financing for 11 of Memphis-based Cooper Hotels’ properties totaling 2,037 rooms. The hotels include full service, select service, extended stay and limited service properties, located in Florida, Michigan, and Tennessee, all branded by Hilton Worldwide.

The five-year floating rate loan was underwritten to a 70% loan-to-value and pays on an interest-only basis for the entire term.

The portfolio includes:

  • Hilton Naples, Naples, FL
  • Hilton Orlando/Altamonte Springs, Altamonte Springs (Orlando), FL
  • Homewood Suites by Hilton Ft. Myers Airport, Fort Myers, FL
  • Embassy Suites by Hilton Detroit Metro Airport, Romulus, MI
  • Hilton Garden Inn Detroit Metro Airport, Romulus, MI
  • Hampton Inn & Suites Detroit/Airport-Romulus, Romulus, MI
  • DoubleTree by Hilton Memphis, Memphis, TN
  • DoubleTree by Hilton Jackson, Jackson, TN
  • DoubleTree by Hilton Murfreesboro, Murfreesboro, TN
  • DoubleTree by Hilton Oak Ridge – Knoxville, Oak Ridge, TN
  • DoubleTree by Hilton Johnson City, Johnson City, TN


Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With Sonnenblick-Eichner’s Elliot Eichner

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Financing
AvatarFinancialGroup-02-cube
NAIOP-12-cube
AvatarFinancialGroup-03-cube
New call-to-action