RockBridge Puts Up Millions For Ala. Hotel Revamp

Law360, New York (January 19, 2012, 5:48 PM EST) -- Hotel investment firm RockBridge Capital LLC will sponsor a multimillion-dollar renovation of the Wynfrey Hotel in Birmingham, Ala., with a preferred equity investment intended to recapitalize the Wynfrey and make it part of the Hyatt Regency franchise, the company announced Thursday.

The 329-room Wynfrey, which is managed by Memphis, Tenn.-based Davidson Hotels & Resorts, will undergo a comprehensive interior and exterior renovation beginning this fall, after which it will be rechristened the The Hyatt Regency Birmingham — The Wynfrey Hotel, according to RockBridge President and CEO...
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