STRATEGIC HOTELS CLOSES ON $130M LOAN FOR D.C. HOTEL

WASHINGTON, D.C. — Strategic Hotels & Resorts has closed on a $130 million limited-recourse loan for the Four Seasons Washington, D.C. The financing is interestå only and not subject to principal amortization through the full loan maturity date. Deutsche Bank Securities originated the financing and Eastdil Secured served as the placement agent.