Aztec Group Arranges $75.1M Financing for the InterContinental Hotel in Kansas City, Missouri

Aztec Group | January 26, 2016

Miami, Florida -- Aztec Group, Inc., Florida's leading real estate investment and merchant banking firm for the past 34 years, is pleased to announce that Senior Managing Director, Boaz Ashbel, has arranged a $75.1 million first mortgage loan for the InterContinental Hotel in Kansas City, Missouri on behalf of The Procaccianti Group ("TPG"). The loan was placed with Deutsche Bank. Formerly a Ritz-Carlton and a Fairmont, the InterContinental Hotel Kansas City is an impressive 12-story, 366-room, full-service hotel. The institutional-quality asset and winner of the AAA Four Diamond Award for 22 consecutive years, offers an upsca...