$41 Million Construction Loan for Chilean Hotel Brand's First U.S. Hotel
CorpBanca
Representation of the North American branch of CorpBanca, a Chilean multinational bank, in negotiating and structuring a $41 million construction loan to Atton Hotels, a Chilean hotel brand, to build a 275-room, 12-story hotel near Brickell Avenue. The deal was particularly complex as this was the first construction loan funded by CorpBanca in Florida, it was Atton's first project in the United States, all negotiations were done in Spanish, and all pertinent loan and title documents were documented in English.
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