Arriba Capital has closed a $63.9 million syndicated construction loan for the development of an AC Hotel by Marriott in downtown Seattle Washington. The hotel is being developed by RevPAR Companies for the development of the 200-key AC Hotel by Marriott at 117 Yale Avenue North. The new hotel is well-located in the prominent South Lake Union district, which is a vital business hub with Amazon, Facebook, Google and the Bill & Melinda Gates Foundation and numerous other corporations in the area.
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