Nearly Half-Billion-Dollar Refinancing Secured for Luxury Hotel

Nearly Half-Billion-Dollar Refinancing Secured for Luxury Hotel

Nearly Half-Billion-Dollar Refinancing Secured for Luxury Hotel Nearly Half-Billion-Dollar Refinancing Secured for Luxury Hotel Kudos to client Manchester Financial Group on securing a $430-million refinancing with a commercial mortgage-backed securities loan for its luxury Fairmont Austin hotel from Goldman Sachs. The city’s fifth-tallest building, Manchester opened the 37-story hotel in 2018. It spans 1.4 million square feet with 1,048 guestrooms and suites, nearly 140,000 square feet of meeting space, a full-service spa, five dining options, a 7th-floor outdoor pool and …