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MCR, BLT Secure $647.5M in Financing for National Portfolio Ahead of Projected RevPAR Softening

Portfolio Spans 6,000 Rooms in 53 Hotels Across 15 States
By Diana Bell
November 16, 2018 | 8:01 P.M.

New York-based hotelier MCR and Stamford, Connecticut-based real estate investment firm Building and Land Technology (BLT) have completed a $647.5 million refinance of its national hotel portfolio, which encompasses 53 hotels in 15 states.

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News | MCR, BLT Secure $647.5M in Financing for National Portfolio Ahead of Projected RevPAR Softening