CAI Tempe Hotel Partners Closes $86.5 Million Construction Loan

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TEMPE, Ariz., Aug. 21, 2019 /PRNewswire/ — CAI Investments, LLC is pleased to announce that it closed the construction loan for the Westin by Marriott hotel in Tempe, Arizona. Construction on the Westin began in March 2019 and the anticipated opening is the second quarter of 2021. “We are pleased…