Fairfield Inn & Suites by Marriott
New Cumberland, PA
Located just outside Harrisburg, Pennsylvania, The Fairfield Inn & Suites is easily accessible from the Pennsylvania Turnpike and other major throughways. The 3-story hotel features approximately 80 rooms and suites, complimentary high-speed Internet in guestrooms and public areas, an indoor pool, whirlpool spa, and fitness center. Llenrock Group secured the 10-year, $6,000,000 financing from C-III Capital Partners. The deal closed quickly thanks to the hotel’s strong performance and optimal market.
Andrew Benioff, Founder and Managing Partner of Llenrock Group, attributes the smooth completion of the deal to the increased strength of the capital markets. Mr. Benioff comments, “Thanks to recent improvements in the capital markets, particularly the CMBS market, we were able to complete this deal quickly and easily.”