Boston-based mortgage banking firm Fantini & Gorga has arranged $39.7 million in first mortgage financing for the Radisson Hotel Boston located at 200 Stuart St.
The loan was provided by Citizens Bank , according to a statement. The Radisson Hotel Boston is managed by JPA Management, an affiliate of the property’s original developer and long-term owner.
"This loan opportunity generated strong interest from lenders because of the property’s strong operating history, market position and highly skilled sponsorship," said Tim O’Donnell, principal at Fantini & Gorga. "Lenders understood that this is an irreplaceable asset. The result was an attractively priced, well-structured loan that met the borrower’s requirements nicely."
The 23-story hotel includes 358 guestrooms, a 750-space parking garage, a variety of meeting and function spaces, a fitness center and an indoor pool with adjacent outside patio. The hotel features two restaurants and a 480-seat cinema.





