CarVal: Ramsfield, AB CarVal Close $95M Loan for 488-Room Marriott Burbank

Ramsfield Hospitality Finance (RHF), along with funds managed by AB CarVal, announced a $95.4 million mortgage for the Los Angeles Marriott Burbank Airport hotel. Borrower and owner AWH Partners acquired the 488-room hotel with more than 50,000 square feet of convention space for $109.1 million in 2014, records show. It's at 2500 North Hollywood Way, [...]