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Dual-Branded Hotel Planned for Waterfront

SAN DIEGO—The downtown San Diego development at Lane Field site will include a SpringHill Suites and Residence Inn, plus retail.

By David Phillips | Updated on April 28, 2014

SAN DIEGO—Lankford Phelps Portman, a real estate joint venture comprised of Portman Holdings, Lankford & Associates and Hensel Phelps, say they have secured financing for a hotel development at Lane Field, a site owned by the Unified Port of San Diego.

AIG Global Real Estate Investment Corp will serve as limited partner to the development venture, while U.S. Bank will provide construction debt financing.

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