Baltimore, MD
$29,500,000
RHF originated an acquisition mezzanine loan for a 622-room Renaissance, one of Baltimore’s premier hotels. RHF structured the loan to appropriately navigate the COVID-19 crisis, supporting our borrower through substantial uncertainty and a multi-year economic rebound. Our in-depth analysis of the Hotel’s demand generators allowed us to better understand their potential recoveries and properly underwrite the investment. The Property is ideally located on Baltimore’s Inner Harbor, proximate to many of the market’s primary demand generators.