• MAREJ

Llenrock Group sources $2.5m joint venture equity investment for Courtyard By Marriott


Hershey, PA — Llenrock Group, an independent real estate finance and advisory firm, is pleased to announce it has secured $2.5 million in a joint venture equity investment as well as assistance with the management and co-development for a 120-room Courtyard by Marriott hotel in Hershey. The client had very limited hotel development and operational experience so the importance of the equity sourced is not only found in the joint venture aspect of the transaction but also in Llenrock Group’s ability to connect the sponsor to an equity source that could provide them with valuable hotel management and development expertise as well.

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