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Home » Carlton Hospitality Group Securing $400M In Financing For Four Hotels
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Carlton Hospitality Group Securing $400M In Financing For Four Hotels

By Hotel BusinessSeptember 11, 20061 Min Read
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NEW YORK— Carlton Advisory Services’ hospitality group has been hired to obtain nearly $400 million in financing for four separate hotels and hotel projects. The owners and developers of those projects were undiclosed. The largest of the deals involves the Hilton Anaheim in Anaheim, CA. Carlton was retained on an exclusive basis to secure $200 million in financing for the 1,572-room hotel. In Winter Park, FL, Carlton has also been retained to arrange $125 million in construction financing for the Mandarin Oriental Hotel & Spa, which is being developed. The 230-room hotel is being built on the site of the former 218-unit Langford Hotel. Meanwhile, for the Topnotch Resort & Spa in Stowe, VT, Carlton is in the process of securing a $40-million bridge loan that will refinance the 108-room resort. Carlton was also employed to obtain $25 million of equity and debt for an investor’s acquisition and repositioning of the 150-room Bushiri Beach Resort in Oranjestad, Aruba.

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