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SPARTANBURG, S.C. — Terra Capital Partners LLC has closed a five-year, $3 million mezzanine loan as part of a $17 million recapitalization of the Marriott Hotel & Conference Center in Spartanburg. Natixis Real Estate Capital provided the new $14 million first mortgage. The hotel is a nine-story, 247-room property located at 299 Church St. in downtown Spartanburg. Peter Berk of PMZ Realty Capital arranged the loan on behalf of the borrower, a partnership between Southern Hospitality Group and Jimmy Gibbs of Gibbs International. Winegardner & Hammons manages the hotel.