CooperWynn Capital, a hospitality-specific debt and equity capital markets specialist, announced today it arranged $6.5 million in bridge financing with Northeast Bank on behalf of KCB Partners for the conversion of the Holiday Inn Dayton Fairborn to the DoubleTree by Hilton Dayton Fairborn.
The financing features a 36-month term with a floating-rate structure, providing ownership with the flexibility needed to complete the property’s comprehensive renovation and reposition the asset under the Hilton flag.
“Successfully closing a bank deal in today’s market requires persistent outreach across a diverse lender universe,” said Marc Sallette, Principal, CooperWynn Capital. “We contacted multiple traditional and community banks, as well as alternative lenders, before finding the right fit for the client.”
The six-story, 203-room property features an indoor pool, fitness center, business center, complimentary parking, and 11 meeting rooms with over 10,000 square feet of event space. The comprehensive renovation included a complete lobby transformation, upgrades to all MEP and life safety systems, and a refresh of FF&E throughout the property. The property transitioned to DoubleTree by Hilton operational systems in July 2025 and is expected to complete all renovations by year-end.
“With interest rates remaining elevated and lenders more selective, we’ve expanded our approach significantly,” said Keaton Quigley, Vice President, CooperWynn Capital. “What required conversations with a few lenders two years ago now often means engaging with dozens to secure the right capital partner.”
Managed by Somnium Hospitality Group, the DoubleTree by Hilton Dayton Fairborn is conveniently located only seven miles east of Dayton, near the Fairfield Commons Mall, Wright State University, Wright-Patterson Air Force Base, and the National Museum of the United States Air Force.
