Slate Asset Management Provides $14.9 Million Loan Secured by Tru by Hilton Hotel in Dania Beach, FL

NEW YORK--(BUSINESS WIRE)--Slate Asset Management (“Slate”), a global alternative investment platform targeting real assets, announced today that Slate Real Estate Capital has closed a $14.9 million senior loan facility provided to AD1 Global (“AD1”) to refinance the Tru by Hilton Hotel (“the hotel”) located in Dania Beach, Florida. Tru by Hilton is a recently constructed, 115-key hotel located just 15 minutes away from the Fort Lauderdale-Hollywood International Airport, one of the highest tra