News
RESTRUCTURING FOR W
April 21, 2010
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We love the swanky, infinity pool at the W downtown, and are glad to hear the hotel is staying afloat. Capri Capital Partners says it's reached an agreement with original owner Barry Real Estate Companies to convert Capri?s mezzanine loan into an equity interest in the W Atlanta Hotel & Residences. Capri is now the primary owner, though Barry will remain active in aspects of the project. The 28-story hotel and condo at 45 Ivan Allen Jr. Blvd. opened in '09 and features 237 hotel rooms, 74 condos, and a BLT Steak. The pool is necessary to burn off calories. |
