Marriott Springfield Downtown Hotel in Springfield, Massachusetts has secured $24 million in refinancing. The 266-room hotel located at 2 Boland Way received financing with a five-year term and an interest rate of 6.25%.
Robert Damigella, Vice President of Capital Markets at Marcus & Millichap Capital Corporation in Boston was responsible for securing the financing. “The hospitality sector within the metro area of Springfield is following similar trends to that seen in Boston and we have witnessed a dramatic increase in private investments,” said Damigella. “We worked closely with the lender to meet our client’s needs.”

Greystone Provides $91.9M in Fannie Mae Loans for New York Affordable Housing Refi and Acquisition
Greystone has originated $91,851,000 in Fannie Mae financing to support the refinance and acquisition of three affordable housing communities in

