Access Point Financial Provides $126 Million Select-Service Portfolio Loan to American Hotel Income Properties REIT LP
"As evidenced by this transaction, APF is capable of virtually all levels of financial assistance, from a single asset $10 million bridge loan to more complex transactions to refinance an entire portfolio well north of $100 million," said Michael I. Lipson, CEO & chairman of the board, APF. "We pride ourselves on being strategic capital partners who work hard to find the right solution for entrepreneurial, select-service hotel owners to large, institutional investors such as AHIP and everything in-between."
The hotel portfolio includes:
Residence Inn St. Paul Woodbury, Minn.
Residence Inn San Angelo, Texas
Fairfield Inn & Suites Asheboro, N.C.
Home2 Suites San Angelo, Texas
Courtyard Bismarck North, N.D.
Staybridge Suites Midland, Texas
TownePlace Suites Pittsburgh Airport / Robinson Township, Pa.
Residence Inn Mount Laurel at Bishop's Gate, N.J.
Hampton Inn Asheboro, N.C.
Home2 Suites Midland, Texas
Courtyard St. Paul Woodbury, Minn.
Homewood Suites Kalamazoo-Portage, Mich.
The $126 million commitment represents an average loan balance of approximately $102k per-key and $10.5 million per-property on the select-service portfolio of premium brands from Marriott, Hilton and IHG.
"Access Point Financial is the capital solution for hotel sponsors who want a lending partner that knows them, understands the hotel marketplace and values flexibility, expertise, and true partnership," said James Reivitis, chief development officer, APF.
About Access Point Financial
Founded in 2011, Atlanta-based Access Point Financial (APF) is a direct, full-service specialty lender focused on the hospitality industry, offering a full-service lending & advisory platform that provides financing to qualified hotel franchisees of all major brands and independent boutique hotels throughout the United States. For additional information and key contacts, please visit www.accesspointfinancial.com.
About American Hotel Income Properties REIT LP
American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's portfolio of premium branded, select-service hotels is located in secondary metropolitan markets that benefit from diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, and IHG through license agreements. AHIP's long-term objectives are to build on its proven track record of successful investment, deliver monthly U.S. dollar denominated distributions to unitholders, and generate value through the continued growth of its diversified hotel portfolio. More information is available at www.ahipreit.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250317820499/en/
Contacts
Chris Daly, media(703) 864-5553chris@dalygray.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
Hunt Companies Acquires Controlling Interest in Carter, Strengthening Real Estate Development Platform
EL PASO, Texas & ATLANTA, July 18, 2025--(BUSINESS WIRE)--Hunt Companies, Inc. ("Hunt"), an El Paso-based holding company with a focus on real estate, infrastructure and financial services, announced today that it has acquired a majority stake in Carter ("Carter"), a premier real estate investment and development firm headquartered in Atlanta, GA. The acquisition reinforces Carter's position as a leader in mixed-use and residential development while expanding its ability to pursue large-scale opportunities across the United States. The companies have a proven partnership, with Hunt and Carter most recently delivering the Prospect Lake Wire project, a transformational mixed-use development in Lakeland, FL, and previously The DeSOTA, a highly successful luxury apartment community in Sarasota, FL. These projects underline the two companies' shared commitment to delivering innovative, high-quality developments that create value for communities and stakeholders alike. With this change, Bob Peterson, long-time CEO and Chairman of Carter, has announced his retirement, and following the transaction, Scott Taylor will continue in his role as President and Chief Executive Officer of Carter, leading the company's day-to-day operations, while also continuing as a partner. "Partnering with Hunt represents an exciting new chapter for Carter," said Taylor. "Hunt's strategic expertise, financial strength, and commitment to long-term growth align perfectly with our mission to deliver extraordinary mixed-use and residential projects. Together, through successes like Prospect Lake Wire and The DeSOTA, we're proving that collaboration drives impact, transforming spaces into vibrant communities where people thrive." Ryan McCrory, President of Hunt Companies, stated, "Carter brings decades of experience and an impressive track record in real estate development. Our successful collaborations demonstrate the strong foundation we already share. With this partnership, we're leveraging our combined strengths to accelerate growth while maintaining focus on quality, innovation, and sustainability." Hunt's support will enable Carter to expand its platform in mixed-use, residential development, and relationship-driven growth initiatives. The partnership aims to grow banking relationships and secure additional investment opportunities in key markets. "For over 75 years, Hunt has been committed to advancing thoughtful real estate development strategies," added McCrory. "Our partnership with Carter aligns with our vision of creating impactful projects that build stronger communities." Carter's strategic priorities moving forward include expanding its footprint throughout the Sunbelt in mixed-use developments and identifying high-value residential projects that foster long-term value for its investors and clients. About Hunt Companies Hunt Companies is a principal investment firm founded in 1947 based in El Paso, TX with interests in the real estate, infrastructure and financial services sectors. As an owner operator with a strong investment platform and financial structuring expertise, Hunt develops lasting relationships to create value for its investors, clients, employees and communities. The company and its affiliates are committed to promoting community growth and a sustainable future through our business practices, purpose-driven investment, and charitable About Carter Carter is a privately held real estate investment and development company headquartered in Atlanta, Georgia. Since 1958, Carter has delivered transformative mixed-use and residential projects across the United States, with a focus on thoughtful design, strategic partnerships, and community-centered development. Known for landmark developments such as The Grounds in Winston-Salem, NC; Summerhill in Atlanta, GA; The Banks in Cincinnati, OH; City Springs in Sandy Springs, GA; and The DeSOTA in Sarasota, FL, Carter combines decades of experience with a relationship-driven approach that delivers lasting value. Carter's purpose is to make a difference by transforming communities and spaces so people can thrive. For more information, visit View source version on Contacts For media inquiries, please contact: Carolyn BakerSVP Corporate CommunicationsHunt 856/298-2036
Business Wire
3 minutes ago
- Business Wire
CRC Group Unveils Luxury Residential Greater Noida Project in Dubai
DUBAI, United Arab Emirates & NOIDA, India--(BUSINESS WIRE)--CRC Group, a leading player in North India's real estate sector, has unveiled its uber ultra-luxury experiential residential development, The PERIDONA, located within Jaypee Greens Golf Course in Greater Noida. With a development outlay of Rs15 billion (exclusive of land cost), the project signals CRC's strategic intent to elevate its portfolio into the ultra-premium segment. Spanning a total built-up area of 3.1 million sq. ft., the project will comprise 341 apartments. Unveiled during a marquee event in Dubai, The PERIDONA brings together an extraordinary lineup of design and architecture consultants: Killa Design, renowned for crafting Dubai's Museum of the Future; Rockwell Group, the New York-based interior visionaries behind one of Gurugram's most iconic luxury clubs; Gensler Architects, global leaders in progressive, future-ready architectural design; SWA Group, experts in sustainable landscape architecture; and MACE, a global firm specializing in precision project management and execution. Kunal Bhalla, Founder & CEO, CRC Group, commented, 'The PERIDONA marks our strategic entry into India's ultra-luxury residential space. Supported by world-class design and architecture, this development reflects our clear ambition to set a new benchmark for premium living in the NCR. The project is envisioned to establish an international standard in luxury condominiums, with a strong focus on sustainable, high-quality living. We have carefully selected best-in-class materials and curated exceptional amenities—many being introduced in India for the first time—to deliver a truly exalted lifestyle. The core philosophy driving the project is simple yet powerful: 'Live More,' with abundant amenities that define a luxurious way of life.' Salil Kumar, Director (Marketing & Business Management), CRC Group, said: 'This project is a testimony to our commitment to global standards. The PERIDONA also enjoys a distinct locational advantage with expansive green surroundings, enhancing both aesthetics and liveability. With just one apartment per floor, the project offers an unmatched level of privacy—an essential attribute in modern luxury living.' Construction is slated to commence next month. With the upcoming Noida International Airport—set to become the world's fourth-largest—just a 20-minute drive away, The PERIDONA enjoys a locational edge. This proximity not only enhances the project's connectivity and prestige but also positions it as a high-potential asset for long-term value appreciation and strong return on investment.
Business Wire
3 minutes ago
- Business Wire
Hunt Companies Acquires Controlling Interest in Carter, Strengthening Real Estate Development Platform
EL PASO, Texas & ATLANTA--(BUSINESS WIRE)--Hunt Companies, Inc. ('Hunt'), an El Paso-based holding company with a focus on real estate, infrastructure and financial services, announced today that it has acquired a majority stake in Carter ('Carter'), a premier real estate investment and development firm headquartered in Atlanta, GA. The acquisition reinforces Carter's position as a leader in mixed-use and residential development while expanding its ability to pursue large-scale opportunities across the United States. Hunt's support will enable Carter to expand its platform in mixed-use, residential development, and relationship-driven growth initiatives. The partnership aims to grow banking relationships and secure additional investment opportunities in key markets. The companies have a proven partnership, with Hunt and Carter most recently delivering the Prospect Lake Wire project, a transformational mixed-use development in Lakeland, FL, and previously The DeSOTA, a highly successful luxury apartment community in Sarasota, FL. These projects underline the two companies' shared commitment to delivering innovative, high-quality developments that create value for communities and stakeholders alike. With this change, Bob Peterson, long-time CEO and Chairman of Carter, has announced his retirement, and following the transaction, Scott Taylor will continue in his role as President and Chief Executive Officer of Carter, leading the company's day-to-day operations, while also continuing as a partner. 'Partnering with Hunt represents an exciting new chapter for Carter,' said Taylor. 'Hunt's strategic expertise, financial strength, and commitment to long-term growth align perfectly with our mission to deliver extraordinary mixed-use and residential projects. Together, through successes like Prospect Lake Wire and The DeSOTA, we're proving that collaboration drives impact, transforming spaces into vibrant communities where people thrive.' Ryan McCrory, President of Hunt Companies, stated, 'Carter brings decades of experience and an impressive track record in real estate development. Our successful collaborations demonstrate the strong foundation we already share. With this partnership, we're leveraging our combined strengths to accelerate growth while maintaining focus on quality, innovation, and sustainability.' Hunt's support will enable Carter to expand its platform in mixed-use, residential development, and relationship-driven growth initiatives. The partnership aims to grow banking relationships and secure additional investment opportunities in key markets. 'For over 75 years, Hunt has been committed to advancing thoughtful real estate development strategies,' added McCrory. 'Our partnership with Carter aligns with our vision of creating impactful projects that build stronger communities.' Carter's strategic priorities moving forward include expanding its footprint throughout the Sunbelt in mixed-use developments and identifying high-value residential projects that foster long-term value for its investors and clients. About Hunt Companies Hunt Companies is a principal investment firm founded in 1947 based in El Paso, TX with interests in the real estate, infrastructure and financial services sectors. As an owner operator with a strong investment platform and financial structuring expertise, Hunt develops lasting relationships to create value for its investors, clients, employees and communities. The company and its affiliates are committed to promoting community growth and a sustainable future through our business practices, purpose-driven investment, and charitable giving. About Carter Carter is a privately held real estate investment and development company headquartered in Atlanta, Georgia. Since 1958, Carter has delivered transformative mixed-use and residential projects across the United States, with a focus on thoughtful design, strategic partnerships, and community-centered development. Known for landmark developments such as The Grounds in Winston-Salem, NC; Summerhill in Atlanta, GA; The Banks in Cincinnati, OH; City Springs in Sandy Springs, GA; and The DeSOTA in Sarasota, FL, Carter combines decades of experience with a relationship-driven approach that delivers lasting value. Carter's purpose is to make a difference by transforming communities and spaces so people can thrive. For more information, visit
