Sheraton Hotel Framingham Update 01/14/21

$10 Million Refi Secured for Sheraton Hotel Framingham

Framingham Hotel Lender, LLC - an affiliate of XSS Hotels - acquired a mortgage for $10,000,000 from People's United Bank. 

The bank, which owned the first mortgage on the hotel, acquired the property in a December auction through J.J. Manning Auctioneers for $15 million. XSS Hotels now owns the hotel/convention space. 

Sheraton Hotel Framingham features 255,266 SF, 376 rooms, and is a castle-themed event space conveniently located off the Mass Pike.

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