Royal Host Real Estate

On August 31, 2000, Morgan Guaranty Trust Company of New York loaned the Royal Host Real Estate Investment Trust $19.8 million on the security of three of Royal Host’s hotels in Oakville, Burlington and Edmonton. It is anticipated that the loan will be securitized in the US shortly after closing.

Goodman Phillips & Vineberg’s Toronto office acted for Morgan Guaranty Trust Company, lead by Ira Barkin and assisted by Grant McGlaughlin. Royal Host was represented by Dennis Brans and Matti Pajo of Brans, Lehun, Baldwin.
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