CHICAGO – August 23, 2017 – Associated Bank announces the closing of a $7,350,000 refinancing package for Atira Hotels, owner of the Hampton Inn & Suites at 21660 W. Lake Cook Road in Deer Park, Illinois. The 104-room hotel property was built by Atira in 2009.
Based in Chicago, Atira Hotels is a hotel management, investment and development company. The principals have been involved in the development and operation of hotels from over 20 franchise brands in ten states across the United States and have managed and asset managed hotel properties across the United States and Canada.
Brian Rogan, vice president in the Commercial Real Estate division of Associated Bank, originated the loan.
Headquartered in Chicago, Associated Bank’s Commercial Real Estate division is committed to providing commercial real estate developers/owners/operators with an array of financing solutions, in addition to products and services that meet their unique needs. Associated’s Commercial Real Estate division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio, Texas and Wisconsin.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of nearly $30 billion and is one of the top 50 publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com
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