CWB announces hotel portfolio deal with Nova Hotels

Nova Hotels is a hospitality company based in Edmonton with a portfolio of hotels in Western Canada that operates under its own regional brand, Nova or Chateau Nova.

"Excited about working with Nova Hotels and their experienced hotel team under Aleksa Mrdjenovich! CWB Franchise Finance provided portfolio financing including four hotels under the Nova Inn or Chateau Nova brands in secondary and tertiary markets. Nova Hotels is a well-structured hospitality company based in Edmonton with a portfolio of hotels in Western Canada that operates under their own regional brand, Nova or Chateau Nova.... Thank you for choosing Canadian Western Bank as your hotel lending partner," said Juan Duran, senior manager, hotel finance, CWB Franchise Finance.