Refinances Courtyard® and Springhill Suites® by Marriott hotels
SCOTTSDALE, Ariz.--05 September 2012-- GE Capital, Franchise Finance recently provided $15 million to Summit Hotel Properties, Inc. The funding provides $9.75 million for a Courtyard® by Marriott and $5.25 million for a Springhill Suites® by Marriott to refinance existing debt on the two hotels.