HALL Structured Finance has provided a $52 million construction loan for the development of The Somm Hotel and Spa, Autograph Collection, a luxury hotel in Woodinville, Washington which is set to be the centerpiece of Harvest Wine Village, a 20-acre master planned development.
“Over the past five years, while developing The Somm Hotel and Spa project, we encountered significant shifts in the lending market,” said Woodinville Hotel Partners President, Kent Halvorson. “We are grateful for the innovative financial solution provided by HALL Structured Finance.”
The developer is Woodinville Hotel Partners, LLC. Brian Holstein with US Hotel Advisors brokered the deal.
Read the full press release here.
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