T2 Hospitality Secures $105M Refinancing for CA Campus
T2 Hospitality has obtained a $105 million mortgage loan from EOS Hospitality Credit Partners to refinance its 350-key dual-branded hotel campus in Sunnyvale, California. The property includes the Hotel TETRA, Autograph Collection and the AC Hotel Sunnyvale Moffett Park, both managed by Coury Hospitality.
Key Takeaways
- 1EOS Hospitality Credit Partners provided the $105M loan with a 3-year term and two 1-year extensions.
- 2The 350-key Sunnyvale campus features the 186-room Hotel TETRA and the 164-room AC Hotel Moffett Park.
- 3Both properties were developed by T2 Hospitality in 2022 and are operated by Coury Hospitality.
Source: asianhospitality.com
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