Greysteel Facilitates $14.91 Million Refinancing for Hilton Garden Inn Green Bay

Greysteel announced the successful refinancing of the Hilton Garden Inn Green Bay, a key player in Green Bay's hospitality sector, with a $14.91 million First Perm Loan from Fox Communities Credit Union. This strategic financial move secures a floating rate structure beneficial for the Beechwood Hotel Group, the property's long-term owner and operator, by aligning the cost of capital with potential Federal Reserve rate cuts. The refinancing was completed ahead of the property's CMBS loan maturity, circumventing possible penalties and locking in advantageous terms.

The Hilton Garden Inn Green Bay, nestled in the Lambeau Field Stadium District, has recently undergone renovations to elevate the guest experience, reinforcing its status as a top-tier hospitality destination. Its proximity to major attractions like Lambeau Field and the Resch Center makes it a favored choice for both leisure and business travelers. Stephen Haase, representing Beechwood Hotel Group, highlighted the transaction's success in meeting the group's immediate financial needs while paving the way for future growth. The involvement of Fox Communities Credit Union underscores the lender's dedication to bolstering Wisconsin's hospitality industry.

This refinancing deal not only reflects the robust financing market for high-performing hotels in prime locations but also exemplifies Greysteel's expertise in navigating complex real estate financial transactions. The Hilton Garden Inn Green Bay's continued prominence in the Lambeau Field Stadium District is assured, offering guests unmatched access to Green Bay's premier attractions.