A Chilean hotel builder received a large construction loan for its first project in the U.S., to be located near Brickell Avenue.
Atton Hotels received a $41 million construction loan from the New York branch of Corpbanco, a Chilean commercial bank. The loan will support construction of the 275-room, 12-story-hotel at 1500 Southwest First Ave., according to the South Florida Business Journal.
Atton bought the site in 2013 for $6.3 million. [South Florida Business Journal] – Jennifer White Karp