Business Archives - Opterra
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Business

Canyon Partners Real Estate LLC ("Canyon") today announced it has provided a $25.2 million loan to a joint venture between Opterra Capital ("Opterra") and The Montford Group ("TMG") for the construction of a 7-story select-service Moxy hotel located in Charleston, South Carolina. Featuring 131 guest rooms, the hotel...

Developer plans an approximately 120-room hotel on Schermerhorn Brooklyn’s getting a new Hilton, just a block from another one. The new hotel at 88 Schermerhorn Street will operate as a Motto by Hilton, a micro-hotel brand Hilton launched about a year ago, its developers confirmed. It’s a...

AWH Partners and Opterra Capital acquired the Cincinnati Marriott at RiverCenter, making it the third Marriott Hotel in their portfolio. Spire Hospitality now is operating and managing the hotel. “As an uncommon opportunity to buy a Marriott-branded hotel with a strong history of consistent earnings in need...