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Arriba Capital Secures Refinance for DoubleTree by Hilton Tucson Downtown Convention Center
Tucson, Arizona—Arriba Capital has arranged a cash-out refinance for the DoubleTree by Hilton Tucson Downtown Convention Center, a 170-room full-service hotel. Developed in partnership between Caliber, Rio Nuevo, and the City of Tucson, the hotel opened in 2021. Operated by Highgate under a long-term franchise agreement with Hilton Worldwide, the property has played a significant role in supporting local economic development and attracting citywide events. The new financing structure provided cash-out proceeds to the sponsor […] The post Arriba Capital Secures Refinance for DoubleTree by Hilton Tucson Downtown Convention Center appeared first on LODGING Magazine.
Tucson, Arizona—Arriba Capital has arranged a cash-out refinance for the DoubleTree by Hilton Tucson Downtown Convention Center, a 170-room full-service hotel. Developed in partnership between Caliber, Rio Nuevo, and the City of Tucson, the hotel opened in 2021. Operated by Highgate under a long-term franchise agreement with Hilton Worldwide, the property has played a significant role in supporting local economic development and attracting citywide events. The new financing structure provided cash-out proceeds to the sponsor […]
The post Arriba Capital Secures Refinance for DoubleTree by Hilton Tucson Downtown Convention Center appeared first on LODGING Magazine.
