ORLANDO—A seven-property, 2,566-key full service hotel portfolio just secured a $110 million. The properties are in Florida, California, Virginia, Ohio, and New Mexico.

The seven properties are: the 266-key Sheraton Tampa East in Tampa, FL; the 382-key Sheraton Orlando North and the 718-key Radisson Orlando Celebration in Orlando; the 329-key Hilton Concord in Concord, CA; the 295-key DoubleTree Williamsburg in Williamsburg, VA; the 300-key Crowne Plaza Columbus North in Columbus, OH; and the 276-key Sheraton Albuquerque Airport in Albuquerque, NM.

HFF director Michael Weinberg, along with senior managing director and head of the firm's hotel group Dan Peek, senior managing director Trey Morsbach, and real estate analyst Preston Reid represented the borrower, a joint venture between Värde Partners, Interstate Hotels & Resorts, and Waramaug Hospitality Management. HFF secured the five-year, floating-rate loan through CCRE. Loan proceeds will be used to refinance existing debt.

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