 |
| Purchased: |
November 1999 |
| Sold: |
March 2003 |
| Property Type: |
Hospitality |
| Size: |
321 Rooms |
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| Details: |
Wafra participated in a partnership to provide a mezzanine loan to the developer of the hotel. The borrower paid off the loan at maturity, and due to Wafra's position in the capital stack, we were able to achieve a significant return on the investment. |
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