Procaccianti Companies
Real Estate · Rhode Island, United States · 51-200 Employees
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Overview
Headquarters
1140 Reservoir Ave, Cranston, Rhode Isla...Phone Number
(401) 946-4600Website
www.prochotelreit.comRevenue
$256.2 MillionIndustry
About Procaccianti Companies
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Debt
$2M
Debt
$405K
Procaccianti Companies Tech Stack
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Procaccianti Companies News & Media
Procaccianti Companies Secures Final Approvals for The Bellevue Hotel in Newport, Rhode Island
Procaccianti Companies, one of the nation’s premier real estate investment and service firms, announced today it has obtained all required approvals to develop and construct The Bellevue Hotel, a 91-key luxury boutique property in the heart of Newport, Rhode Island. The project was unanimously approved by the City of Newport’s Technical Review Committee on Wednesday, June 11, advancing the project into pre-construction with a groundbreaking anticipated in Q4 2025.Smith Hill, Bain JV originates $57M financing for Nashville Embassy Suites - Hotel Business
First mortgage loan for 305-key property Smith Hill and Bain JV originates $57M financing for Nashville Embassy SuitesBain Capital, Smith Hill Capital launch $1B private lending platform - Hotel Management
Bain Capital Special Situations and Smith Hill Capital, an affiliate of Procaccianti Companies, have formed a joint venture to originate debt and preferred equity to serve the financing needs of co | The JV will originate debt and preferred equity to serve the financing needs of companies and assets in the hospitality sector.
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Frequently Asked Questions Regarding Procaccianti Companies
Procaccianti Hotel REIT, Inc., (PROC) intends to offer individual investors access to an institutionally managed portfolio of premium branded select-service hotels that are geographically diversified across the United States. PROC was founded in 1958 and is headquartered in Cranston, Rhode Island.... Read More