News
Calgary to convert downtown office buildings to homes, hotel rooms
According to CBC News, the city of Calgary has announced its plans to convert three downtown towers into residential housing and hotel units.
News
Knightstone Hotel Group Inc. to begin offering Canadian hotel debt financing
Knightstone Hotel Group (KHG) has announced its plans to offer senior and mezzanine debt financing to qualified hotel and resort owners seeking alternate financing sources.
KHG’s lending program is designed to provide short-term capital solutions for the purpose of:
Acquisitions
Brand-mandated renovation programs
Strategic capital investments
Refinancing
Other special situations
General loan parameters include:
Target loan size: $5 million to $15 million
Term: 6 to 24 months
Knightstone Capital Management is a Toronto-based real estate development company focused on the development and ongoing management of a diverse portfolio of investment properties. Founded in 2001, Knightstone has built and managed over $1.5 billion dollars of academic, hospitality, commercial, and residential developments.
To discuss other details of a potential loan and see if you are eligible for funding, please reach out to: info@k‑caphotels.com.
