National/International Retail/Hospitality

Valencia Arranges $6.1 Million Loan for Saratoga Hotel

Saratoga Downtowner

 

Boston – Valencia Realty Capital recently announced  that it has arranged a $6.1 million acquisition and redevelopment loan for Lark Hotels’ 42-room boutique hotel in downtown Saratoga Springs, NY.

Known as the Saratoga Downtowner, the independent flag hotel is located at 413 Broadway in the heart of Saratoga Springs. Lark Hotels plans to renovate and redevelop the centrally located, downtown asset as a high-end lifestyle boutique hotel.

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