Sonnenblick-Eichner has secured $12.8 million in first mortgage acquisition and financing for renovation of Portland, Ore.'s historic Governor Hotel. The loan will pay for improvements including the relocation and extensive renovation of the lobby and restoration of the 10,000-square-foot ballroom on the hotel's fourth floor. The 100-room Governor is owned by Historic Hotel Partners of Providence LP, an affiliate of Grand Heritage Hotel Group.

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