€5M Boost for Ballyroe
Hilco Real Estate Finance Ireland has closed a €5m loan secured against a landmark four-star hotel in Ballyroe, County Kerry. This is HREF’s second loan in Ireland, demonstrating its commitment to expand in the local market.
Following its acquisition by the current owner in 2024, the 69-bed Ballyroe Lodge Hotel has undergone extensive refurbishment, upgrading its status from three-star to four-star.
The hotel enjoys strong tourist trade and also features a 150-cover bar/lounge alongside a 150-cover function room, a 150-cover restaurant and a 450 capacity ballroom.
The 12-month facility refinances existing debt and will support the owner, a seasoned hotelier and hospitality investor, in making further improvements to the hotel.
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