The loans will be used to refinance the Hilton Garden Inn in Flowood, Miss.; the Hampton Inn in West Point, Miss.; and the Tru by Hilton in McDonough, Ga.
The property will come down to make way for a 2-million-square-foot office tower, which will include a smaller version of the Grand Hyatt.
The renovation includes enhancements to Michelin-starred Luce Restaurant and Bar 888.
The centerpiece of the Catch Las Vegas dining room is a Mediterranean olive tree that stretches up to a faux skylight.
Designed by WhiteWater, the 60-foot water slide tower will have seven slides.
The Columbus, Ohio-based investment company acquired the 82-room Tennessean Hotel and the 286-room Holiday Inn Knoxville Downtown.
The design of the hotel's lobby was overseen by California-based design studio Salt + Bones.
The 10-year, interest-only, nonrecourse loan was originated on behalf of Finvarb Group.
Slated to open in 2020, 180-room hotel is the adaptive reuse of a Historic Core area building built in 1927.
The four hotels opened in New Mexico, Washington, Florida and Georgia.