Hospitality N Illinois
CBRE arranges $33M acquisition loan for Hyatt Regency Deerfield

CBRE arranges $33M acquisition loan for Hyatt Regency Deerfield

CBRE Capital Markets has arranged a $32.9 million loan on behalf of Phoenix Development Partners for the acquisition and renovation of the 301-room Hyatt Regency Deerfield. The property, situated at the convergence of I-94 and I-294, is extremely well-located to serve north suburban Chicago, home to a high concentration of major corporations, including eight Fortune 500 companies.