Sheraton hotel in Panama City Beach draws $42M loan

  • Feb. 3, 2018
  • The Real Deal

The owner of a 320-key Sheraton hotel in Panama City Beach got a $42 million loan secured by the renovated property.  An affiliate of Torchlight Investors, LLC, the owner of the Sheraton Bay Point Resort, got the non-recourse loan from Walker & Dunlop Commercial Property Funding.

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