Refinance & Construction
$14,873,714
Palm Springs, CA | Hotel

ABP Capital refinanced an existing loan for the renovation of a hotel located in Palm Springs, CA. The formerly 150-room Travelodge will be transformed into a 140-room boutique, 4-star hotel that preserves traditional Palm Springs architectural elements in its guest rooms, full service spa, 70-seat restaurant and bar area, and two upgraded pools.