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Home Finance CMCT Closes $92.2MM Loan for Sheraton Grand Sacramento Hotel
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CMCT Closes $92.2MM Loan for Sheraton Grand Sacramento Hotel

December 11, 20242 Mins read315
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Creative Media & Community Trust Corporation, Sheraton Grand Sacramento Hotel, Sacramento, CIM Group
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Financing is Part of Previously Announced Program to Strengthen Balance Sheet and Liquidity DALLAS--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT) (the “Company”) announced today it has closed a secured, non-recourse loan of up to $92.2 million (the “Sheraton Mortgage Loan”) on its Sheraton Grand Sacramento Hotel and parking garage located at […]

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