HREC INVESTMENT ARRANGES $7.9M REFINANCING LOAN FOR FAIRFIELD INN

BELOIT and GREEN BAY, WISC. — HREC Investment Advisors has arranged a $7.9 million loan for the refinancing of the 62-room Fairfield Inn in Green Bay and the 94-room Fairfield Inn & Suites in Beloit. HREC placed the five-year, fixed-rate conduit loan with an international investment bank. Scott Kaniewski represented the borrower in the deal.