Mesa West refinances Virginia hotel
Mesa West Capital has provided The JBG Companies with $27m in first mortgage debt to refinance the Westin Reston Heights, a full-service hotel in Reston, Virginia. The five-year floating rate loan takes out the existing debt on the 191-room hotel, which Chevy Chase, MD-based JBG built in 2008. Wells Fargo provided a previous $47.8m loan on the property in March of 2007, city property records show.