SANTA MONICA, CA—Vista Capital Co. has raised $32 million in refinancing for five hotels in Arizona and Utah.
The portfolio consists of limited-service and full-service assets and encompasses 478 rooms. Four of the hotels are located within a mile of each other in Goodyear, AZ, part of metropolitan Phoenix.
The Goodyear properties include a Hampton Inn & Suites; a Holiday Inn Express; a Residence Inn; and a Holiday Inn Hotel & Suites. The fifth property is a Holiday Inn Express in Washington, Utah.
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