PMZ ARRANGES $13 MILLION LOAN FOR NEW HOTEL IN PA.

VALLEY FORGE, PA. — PMZ Realty Capital has arranged $13 million in construction financing for a new hotel. The Sheraton Valley Forge will contain 185 rooms and 20,000 square feet of meeting space. It is being built in the Philadelphia suburb of Valley Forge. The lender is a regional bank. The borrower’s name was not disclosed.