MacKenzie Capital Arranges Hotel Development Financing
MacKenzie Capital, LLC is pleased to announce they provided advisory services and acted as capital consultant in the arrangement and placement of the project capitalization for the Hyatt Place Hotel to-be built in Queen Anne’s County, Maryland. The resort Hotel will include 120 waterview rooms, 5,000 square feet of meeting space, and a 44-slip marina situated in Kent Narrows, Maryland. MacKenzie Capital’s President John Black and Vice President Brendan Harman represented the owners and development partner in securing the financing. Construction has begun with a scheduled delivery date of Spring 2022.
“Kent Narrows Hyatt Place is a testament that there is still capital available for strong projects with exemplary sponsorship,” stated Black. “We were fortunate to identify a strong experienced lender who worked with the client to meet their financing goals and objectives even in these unprecedented times.”
MacKenzie Capital, LLC is a real estate capital advisory firm that commercial real estate owners, developers, and investors rely on for their debt, equity, and project financing needs. Our creative, hands-on, and client-focused approach to capital advisory ensures that our clients are getting the most effective financing for their project in the current market. For decades, our team of experienced advisors has successfully arranged financing for small and large projects of all property types throughout the country. MacKenzie Capital is an affiliate of The MacKenzie Companies, one of the Mid-Atlantic’s largest independently owned full-service commercial real estate firms that is based in Baltimore, Maryland.
For more information about MacKenzie Capital’s offerings, please visit www.mackenziecommercial.com, or contact John Black at jblack@mackenziecommercial.com or 410.494.6652; or, Brendan Harman at bharman@mackenziecommercial.com or 410.494.6656.
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MacKenzie Ventures, LLC (MacKenzie) possesses the multi-disciplined team necessary to excel in Maryland’s corporate real estate community. Comprising seven firms, MacKenzie provides clients a competitive, full service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, commercial development, general construction, property and asset management, multifamily property management, debt and equity capital placement, and GIS/Data Analytics. With more than 225 employees and offices in Annapolis, Baltimore, Bel Air, Columbia, and Lutherville, Maryland, MacKenzie is one of the largest full service commercial real estate firms in the Mid-Atlantic. Please visit www.mackenziecommercial.com for more information.
