PMZ Realty Capital, LLC, has arranged a $15-million loan for The Partridge Inn Augusta, Curio Collection by Hilton.

“The borrower was looking to retire expensive recourse debt and preferred equity after an extensive renovation,” said Michael Sonnabend, managing member at PMZ Realty Capital. 

The Partridge Inn is located in downtown Augusta, GA, which is less than two miles from Daniel Field Private Airport and 10 miles from Augusta Regional Airport. The 110-year-old property has recently undergone a renovation, and design elements include high ceilings, classic decor, 42-in. TVs and personalized work stations. WiFi is also available at the hotel. 

“This property is extremely unique based on its location in Augusta, GA, known worldwide for the Masters. This along with the property being the top performing hotel in the area allowed us to negotiate a non-recourse bank loan with a rate below 5% for 10 years," he said.