Smith Hill Capital, the fully integrated commercial real estate debt investment management business of the Procaccianti Companies, and Bain Capital’s Special Situations team (“Bain Capital”) today announced the firms’ joint venture originated a first mortgage financing for the Embassy Suites by Hilton Nashville Airport.
Bain Capital and Smith Hill Capital launch $1 billion private lending platform dedicated to serving the hospitality sector
Bain Capital Special Situations (“Bain Capital”) and Smith Hill Capital (“Smith Hill”), an affiliate of Procaccianti Companies, today announced the formation of a joint venture to originate debt and preferred equity to serve the financing needs of companies and assets in the hospitality sector. The platform launches with the objective of deploying $1 billion of gross capital over the next several years.
