Thread: Hotel news
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  #26  
Old Posted Apr 25, 2010, 7:27 PM
cybele cybele is offline
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Join Date: Feb 2009
Posts: 1,303
Well to be honest I can't tell what in the Sam Hill this means, seems like it could be either good news or whatever.

Quote:
Capri Capital Takes W Atlanta Hotel

ATLANTA-In yet another indication that the condominium and hotel businesses are in a serious slump in Atlanta, on Tuesday of this week, the Chicago-based Capri Capital Partners, LLC reached an agreement with Atlanta-based Barry Real Estate Companies on the conversion of Capri’s mezzanine loan into an equity interest in the W Atlanta Hotel & Residences in downtown Atlanta.
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