Dallas-based private lender HALL Structured Finance (HSF) has originated a $52 million loan for the development of The Somm Hotel and Spa, Autograph Collection in Woodinville, WA. Brian Holstein with US Hotel Advisors brokered the deal on behalf of Woodinville Hotel Partners LLC.
The 164-room luxury hotel will feature a 5,661 square foot spa, full service restaurant with private dining room, 3,000 square foot rooftop bar offering views of Mount Rainier as well as meeting space and 9K sqft retail area. It is set to be the centerpiece of Harvest Wine Village – a 20 acre master planned development in Seattle’s suburb.
Commenting on this project HSF VP Brian Mitchell said: “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 proud to be part of its development process” He further added that it is ideally located for both business travelers looking forward to conferences or leisure travelers seeking high end dining experiences alongside retail & wine tasting opportunities alike!
