GreenOak Secures $52 Million Loan for Princeton Hotel
The 180-room Graduate by Hilton Princeton hotel has officially secured a $52 million loan package.
Updated on Oct. 29, 2026 in Hotels
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GreenOak has provided a $52 million loan for the Graduate by Hilton Princeton, a 180-room property located on Chambers Street. The financing arrangement for the hotel, which opened earlier this year, was managed by CBRE.
Why it matters
The financing provides the hotel with a three-year term to support operations at the new Princeton site. This loan structure ensures capital stability for the property as it integrates into the local hospitality market.
The loan for the 180-room property at 10 Chambers Street comes with a three-year initial term. The agreement includes two additional 12-month extension options for the borrower.
The players
GreenOak
This is the firm that originated the $52 million loan for the Princeton hotel property.
Graduate by Hilton Princeton
This is a 180-room hotel property located at 10 Chambers Street in Princeton that opened in 2024.
CBRE
This global commercial real estate services and investment firm arranged the financing for the deal.
The details
CBRE served as the intermediary to arrange the financing for the property located in the heart of Princeton. The deal represents a significant capital injection for the hotel, which first opened its doors to guests in 2024.
Timeline
The hotel opened in 2024.
The Princeton loan deal closed in October 2026.
Travel Outlook
This financing follows the pattern set by the Hilton-Graduate Hotels brand acquisition, which saw Hilton expand its footprint across college towns. The deal reflects broader institutional investor confidence in the niche hospitality sector targeting university-centric locations.
Travelers visiting the Princeton area can expect the 180-room property to remain a fully operational part of the local lodging landscape. The loan maturity and extension options suggest long-term stability for guests planning future stays at this location.
The takeaway
Securing long-term financing is a vital step for new hotels to maintain high operational standards. Guests looking for accommodations in Princeton can benefit from the stability that this capital injection provides to the property.
Further reading
For more information on the local hospitality market, visit our Hotels section.
Source note: This article includes information reported by Commercial Observer.
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