GERMAN BANK FINANCES LOAN FOR 415-ROOM WASHINGTON HOTEL

by admin

WASHINGTON, D.C. — Cadbridge Investors has borrowed an undisclosed amount of money from a German bank to refinance its 415-room Fairmont hotel. The 24-year-old property, which was designed by architect Vlastimil Koubeck, is located in Washington’s Dupont Circle. Property amenities include 29,000 square feet of meeting space, restaurants, a fitness facility and an indoor pool. The loan was arranged by New York City-based Cushman & Wakefield Sonnenblick Goldman’s U.S. Hotel Group.

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