Thursday, April 12, 2018

Modus Hotels Secures Financing for Pod Hotel Concept Philadelphia

Meridian Capital Group Arranges $53.5M in Senior, Mezzanine Financing on Hospitality Concept
Modus Hotels secured a $53.5 million loan for construction of its proposed pod hotel in Philadelphia, PA, at 31 S. 19th St.

The new pod hotel will have 252 rooms across 11 stories. It will be located in Center City, next to Rittenhouse Square.

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