Clark of Capmark refinances $21.2m loan for Hilton Waco hotel
Capmark Finance Inc. originated $21.2 million in floating-rate refinancing for the Hilton Waco hotel. The borrower was Wieri Waco H Property, L.P.
The 195-guestroom Hilton Waco is an 11-story, full-service hotel built in 1981 on three acres at 113 S. University Parks Dr. The borrower has invested more than $16 million in renovations at the property during the past two years, updating and transforming this hotel. Â
Vice president Christopher Clark, a hospitality finance expert in Capmark Finance's McLean, Va., office, originated the loan.
Manhattan, NY 122 Madison Ave.’s half-floor Residence 14 North went into contract for $21.175 million. This was a top deal in the Olshan report and the only deal above $10 million.
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.