NEW YORK Sonnenblick-Goldman Company, acting as advisor to Thayer Lodging Group, arranged $135 million of acquisition financing for the Rihga Royal, located here on West 54th Street.
Mark Gordon, managing director/Sonnenblick-Goldman s International Lodging & Leisure Group, said “the terms and conditions of the debt available for a hotel of this type are reflective of the capital markets interest in the first-class, full-service sector of the lodging industry.” (3/19/01)