A multi-story hotel building with a large vertical sign that says 'HOTEL' on the side. The building has a modern design with several windows, and there are trees lining the sidewalk in front with people and cars around.

Golds Hampton

Adaptive Reuse Hospitality Development | Downtown Lincoln, NE

CR Capital Role: Strategic Debt Partner

Overview

The Golds Hampton project reimagines Lincoln’s historic Golds Building — a six-story downtown landmark — into a 114-key Hampton by Hilton hotel with structured parking and a full-service restaurant.

This adaptive reuse development blends historic preservation with modern hospitality, revitalizing a key downtown corridor while expanding Lincoln’s lodging capacity for business and leisure travelers.

CR Capital provided secured debt financing to support construction and stabilization, aligning with our mission to back institutional-quality real estate through flexible, asset-backed capital solutions.

Project Details

Blue arrows in a vertical line

Total Keys 114

Structure Secured Debt Financing

Building Size 82,000 SF

Developer REV Development

General Contractor NGC Group

Hotel Operator Nightcap Management

Brand Hampton by Hilton

Projected Opening Q3 2024

Restaurant Tenant Finally Restaurant Group

Collateral Historic mixed-use structure in downtown Lincoln

Investment Highlights

Prime Downtown Location: Steps from the University of Nebraska, Haymarket District, and Pinnacle Bank Arena — Lincoln’s core entertainment and tourism hub.

Adaptive Reuse of a Historic Landmark: Seamlessly combines preservation, modern design, and brand-driven performance.

Proven Development Team: REV Development and NGC Group have completed more than $700M in hospitality and multifamily projects.

Institutional Management Platform: Nightcap Management operates 18+ Hilton-branded hotels across the Midwest.

Resilient Market Fundamentals: 70%+ average occupancy for upper-midscale hotels; supported by strong university, government, and tourism demand.

CR Capital’s Role

As a strategic debt partner, CR Capital structured and funded a customized loan solution tailored to the project’s unique timeline and collateral profile.

This investment demonstrates our ability to:

  • Provide flexible, non-bank capital for complex hospitality projects.

  • Partner with experienced sponsors to accelerate project delivery.

  • Maintain asset-level security and disciplined underwriting.

  • Support community revitalization through real-estate-backed lending.

Key Highlights

  • Adaptive reuse in the heart of Lincoln’s downtown

  • Secured, asset-backed loan position

  • Experienced and repeat sponsor group

  • Backed by Hilton’s hospitality brand strength

  • Focused on stability, execution, and community impact

Site plan for a proposed hotel development on 'O Street' with surrounding streets, including 11th Street and North Street, showing existing buildings, future development area, proposed hotel with restaurant and driveway, and other infrastructure details.

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