AFC Hotel Finance arranges $19 million for 453-room Tulsa hotel

According to Peter Berk, president of AFC Hotel Finance Group, the company arranged $19 million in financing for Ascension Hotels, owner of Crowne Plaza Hotel-Tulsa at 100 East Second St. "Crowne Plaza Hotel-Tulsa is one of the largest convention hotels in the city, offering 20 meeting rooms, a full size theater, conference space, world-class dining and the modern amenities today's top executives seek," Berk said. "This financing served to renovate the property in key ways for the highly reputable ownership, creating a well-managed product that remained attractive to our institutional investment partners." Renovated this year, Crowne Plaza Hotel-Tulsa is a 12-story, 453-room hotel with executive suites available. The property is located proximate to the Tulsa Convention Center in the heart of the city's Art Deco Downtown and located 8 miles from Tulsa International airport. Amenities include Tiffany Rose, the on-site restaurant and bar, a fitness center offering both indoor and outdoor pools, a spa, a professional business center and amenities catering to the most discerning business traveler.