Friday, December 14, 2012

db Capital Ventures Formed to Provide Hotel Debt


  
Chris Clark
 WASHINGTON, D.C., Dec. 14, 2012—Officials today announced the formation of a new hotel finance company, db Capital Ventures, that will provide hoteliers with a full-range of loans, from CMBS to construction loans with financing up to 80 percent loan to value.

  Headquartered in suburban Washington, D.C., the new company will be led by hotel finance veteran Chris Clark, principal and founder.

“The hotel lending landscape remains complex but there is substantial debt available for hotels, including cash-flowing and troubled properties,” Clark said. 

“Lenders have been on the sidelines for the past several years and now are returning to the market as the hotel industry continues to recover from the Great Recession. However, today’s loan structures are different from any previous real estate cycle.”

For a complete copy of the company’s news release, please contact:

Jerry Daly
 media
(703) 435-6293
  
db Capital Ventures
P.O. Box 9444
McLean, Va. 22103
703-626-2828





No comments:

Post a Comment