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Woodinville Hotel Development Secures $52M Loan from HSF

Woodinville Hotel Development Secures $52M Loan from HSF

HALL Structured Finance (HSF), a Dallas-based private lender, has originated a $52 million loan for the development of The Somm Hotel and Spa, Autograph Collection in Woodinville, WA. Woodinville Hotel Partners LLC is the developer behind this luxury 164-room hotel that will feature a 5,661 square foot spa with full service restaurant and private dining room; 3,000 square foot rooftop bar with views of Mount Rainier; meeting space; 9,000 square feet of retail space. This hotel will be at the center of Harvest Wine Village – an impressive 20 acre master planned development.

Brian Mitchell VP at HSF commented on their involvement: “Woodinville Hotel Partners along with their equity partner Alco Investment Company have put together an exciting business plan for The Somm Hotel and Spa which we are looking forward to being involved in” He further added “The location is ideal for business travelers as well as leisure travelers who can enjoy high end dining experiences along with retail shopping and wine tasting” Brian Holstein from US Hotels Advisors brokered this deal.

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