News
Atlanta Commercial Real Estate

RESTRUCTURING FOR W

We love the swanky, infinity pool at the W downtown, and are glad to hear the hotel is staying afloat. Capri Capital Partners says it's reached an agreement with original owner Barry Real Estate Companies to convert Capri?s mezzanine loan into an equity interest in the W Atlanta Hotel & Residences. Capri is now the primary owner, though Barry will remain active in aspects of the project. The 28-story hotel and condo at 45 Ivan Allen Jr. Blvd. opened in '09 and features 237 hotel rooms, 74 condos, and a BLT Steak. The pool is necessary to burn off calories.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Emory Takes Over Proton Center For $82M: The Atlanta Deal Sheet