News

MacKenzie Capital Secures 5th Hotel Development Financing in Ocean City, MD

John Black, Will Goetschius, and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured development financing for a Hampton Inn & Suites in West Ocean City, Maryland. The hotel represents the seventh hotel transaction for the MacKenzie Capital team over the past two and a half years and their fifth successful hotel development transaction in Ocean City.

“Our team was thrilled to work with an experienced hotel operator and developer.  Their expertise and the Hampton Inn brand will truly make this project a success and further enhance the already great Ocean City experience,” stated Brendan Harman, Assistant Vice President of MacKenzie Capital.  “Ocean City is undergoing a dramatic transformation with an influx of branded products entering the market. There are six new branded hotels that have either just delivered or are currently under development in this thriving submarket.” Harman added.

MacKenzie Capital, LLC (“MacCap”) is a real estate capital advisory firm that commercial real estate owners, developers, and investors rely on for their debt, equity, and project financing needs.  Our creative, hands-on, and client-focused approach to capital advisory ensures that our clients are getting the most effective financing for their project in the current market.  For decades, our team of experienced advisors has successfully arranged financing for small and large projects of all property types throughout the country.    MacCap is an affiliate of The MacKenzie Companies, one of the Mid-Atlantic’s largest independently-owned full-service commercial real estate firms that is based in Baltimore, Maryland.

For more information about MacKenzie Capital, please visit www.mackenziecommercial.com, or contact John Black at jblack@mackenziecommercial.com or 410.494.6652,  Will Goetschius at wgoetschius@mackenziecommercial.com, or202.341.6474, or  Brendan Harman at bharman@mackenziecommercial.com or 410.494.6656.

###

MacKenzie Ventures, LLC (MacKenzie) possesses the multi-disciplined team necessary to excel in Maryland’s corporate real estate community. Comprising seven firms, MacKenzie provides clients a competitive, full service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, commercial and residential development, general construction, property and asset management, debt and equity capital placement, and market research.  With more than 225 employees and offices in Annapolis, Baltimore, Bel Air, Columbia, and Lutherville, Maryland, MacKenzie is one of the largest full service commercial real estate firms in the Mid-Atlantic. Please visit www.mackenziecommercial.com for more information.