WASHINGTON, D.C.— The Hospitality Production Division of GMAC Commercial Mortgage Corp. here has provided $12.4 million in construction mini-perm financing to SS Brannen, LLC to develop a Marriott property in Peabody, MA. A 164-unit SpringHill Suites will be sited on 6.3 acres and encompass some 101,486 square feet overall. The property is expected to open in July 2002.
Previous ArticleBarcelo Hotels Signs With Lexington Reservations System
Next Article Radisson Names Geddes VP/Sales