PMZ Realty Capital secures $11.5M loan for NOLA hotels

PMZ Realty Capital has secured a first mortgage refinance loan of $11.5 million for four boutique hotel properties in New Orleans. They include the Inn on St. Peter, the Inn on St. Ann, the Inn on Ursuline and the Lamothe House and are part of the National Historic Registry.

The first mortgage, five-year loan was obtained for PMZ client, the KFK Group.  

“This $11.5 million loan showcases the financing opportunities we can provide to our clients and the benefits of working together to obtain favorable terms. By procuring funding through us, these unique hotels will continue to serve guests and provide much-needed access to the finest attractions in the area,” said Peter Berk, president, PMZ Realty Capital-Hotel Finance Group. “We are proud to contribute to the historic legacy of New Orleans and help preserve these boutique properties.”

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


“We found PMZ to be a strong and able partner to help us quickly secure financing for our properties,” commented Elie Khoury, president, KFK Group. “Thanks to PMZ, we are able to move forward on growth plans that will further the success of our four hotels. This multi-unit deal is significant to revitalize and energize the properties and allow us to provide a valuable guest experience.”

The French Quarter Guest Houses consist of four distinct boutique hotel properties and have a focus on fine details. Each of the historic properties have been restored with traditional finishes including reclaimed heart of pine floors, white Carrera marble bathrooms, antique décor and local New Orleans artwork.

Read more on

Suggested Articles

During a conference call hosted by advocacy organization Economic Innovation Group, industry leaders emphasized the need for immediate fiscal help.

Many hotel owners will find themselves in the uncomfortable and unfamiliar position of deciding on a course of action for negotiating with their lende

The company intends to raise $100 million from investors to source mezzanine loan and preferred equity transactions in the hospitality sector.