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CWB Franchise Finance leads $109 million loan facility syndication for InnVest Hotels LP
CWB Franchise Finance, a division of CWB Financial Group, today announced it has led a syndicate to provide $109 million loan facility to InnVest Hotels LP, owners of ninety-two hotels across Canada. The loan facilities will be used to refinance existing debt and invest in capital projects and opportunistic acquisitions, and are secured against a portfolio of six of InnVest’s assets located across Ontario, Manitoba and New Brunswick.
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