Hilton’s $112 Refinancing Of The Chicago Hotel

Sheppard Mullin represented McHugh Construction and First Hospitality Group in a $112 million refinancing of the triple-branded, 466-key Hilton property at McCormick Place in Chicago.

McHugh Construction and First Hospitality are listed on the loan as the borrowers. The debt was provided by CrossHarbor Capital Partners.

The property consists of three hotels in one: a 184-room Hilton Garden Inn, a 187-room Hampton Inn and a 95-room Home2 Suites.

The Sheppard Mullin deal team included partners Larry Eppley (Picture) and Mike Roth, special counsel Terry Budny and Jeff Gardner, and associates Nika Palama and Lauren Mioduszewski.

Involved fees earner: Lawrence Eppley – Sheppard Mullin; Jeffrey Gardner – Sheppard Mullin; Nika Palama – Sheppard Mullin; Michael Roth – Sheppard Mullin;

Law Firms: Sheppard Mullin;

Clients: First Hospitality Group, Inc; McHugh Construction ;

Author: Ambrogio Visconti