PMZ Realty Capital arranges $83.5M loan for Atlanta Embassy Suites

The Embassy Suites Centennial Park in Atlanta includes 321 guestrooms, 16,000 square feet of meeting space, a fitness room, a pool and a business center. Photo credit: PMZ Realty Capital(Photo credit: PMZ Realty Capital LLC)

PMZ Realty Capital LLC has arranged an $83.5 million fixed-rate loan on behalf of Legacy Ventures for the 321-key Embassy Suites Centennial Park in Atlanta.

This marks the fifth loan PMZ has closed for Legacy Ventures. The last one, an $82.5 million floating rate loan in 2017, also was for the Embassy Suites Centennial Park.

The Embassy Suites is situated near a $5 billion mixed-use development project in downtown Atlanta called The Centennial Yards. Over the next decade, it is projected to introduce 9 million square feet of new office space.

The hotel includes more than 16,000 square feet of meeting space, a fitness room, a pool and a business center. Nearby attractions include the Mercedes Benz Stadium, Centennial Park, Georgia World Congress Center, Georgia Aquarium, National Center for Civil and Humans Rights Museum and World of Coke.