$45M Acquisition Financing for a Premier Hotel in Boston's Financial District

Centrally located, demand-rich hospitality asset with immediate upside

Tremont Realty Capital provided a $45 million floating‑rate loan to finance the acquisition of Club Quarters Boston, a 178‑room hotel located in the heart of Boston’s Financial District. Situated steps from major corporate headquarters, cultural destinations and transit hubs, the property benefits from a highly diversified set of demand drivers, making it a compelling hospitality investment in one of the nation’s most resilient urban markets. The financing enabled the sponsor to capitalize on a well‑located, operational hotel asset with immediate income‑producing potential and long‑term upside supported by steady business, leisure and institutional demand across downtown Boston.

Structuring capital to capital market momentum & operational upside

With a strong historic performance profile and an established brand presence, Club Quarters Boston offered a stable operating base with room to enhance performance through strategic operational improvements and targeted revenue optimization. To move efficiently, the sponsor required a lender with deep experience in hospitality underwriting, familiarity with Boston’s urban lodging markets and the ability to tailor a loan structure to both current performance and future market potential.

Tremont structured a three‑year initial loan term with two one‑year extension options, providing the sponsor with runway to stabilize and enhance operations while capturing market growth. The loan supported the acquisition and provided flexibility for ongoing capital needs associated with asset upkeep and competitive positioning in a dense downtown lodging market. Our underwriting incorporated the property’s strong brand identity, central location and multiple demand drivers - including business travel, tourism, institutional activity and proximity to key corporate and government anchors - supporting a forward‑looking view of performance and asset durability.

Local market knowledge and strong partnership drive efficient closing

Executed in collaboration with JLL, the transaction leveraged Tremont’s hospitality expertise and deep understanding of the Boston market, enabling a swift and disciplined approval process. The sponsor benefited from Tremont’s ability to underwrite both near‑term performance and long‑term potential in a submarket where consistent demand and limited supply dynamics support stable occupancy and rate growth. The relationship‑driven nature of the execution ensured seamless communication and alignment throughout the closing process, positioning the sponsor to take immediate operational control with confidence.

The financing allowed the sponsor to acquire an institutional‑quality hotel in a premier urban location, supported by diverse demand generators and long‑term market resiliency. With strategic enhancements and operational focus, the asset is well‑positioned to strengthen its competitive standing and drive sustained revenue performance.