CYwP Fund V Invests in Renaissance Baltimore Harborplace Hotel

Current Yield with Participation Funds (CYwP Funds) announced today that CYwP Fund V has invested in the Renaissance Baltimore Harborplace Hotel, a 622-room landmark hotel located in the heart of Baltimore’s Inner Harbor, the epicenter for tourism in the city.

The twelve-story Renaissance Baltimore Harborplace benefits from a “Main and Main” location at the heavily trafficked intersection of Light Street and Pratt Street, in the heart of the Inner Harbor. The hotel currently features 622 well-appointed guestrooms; approximately 28,000 square feet of flexible meeting and event space with state-of-the-art finishes including the 15,000 square foot Maryland Ballroom, accommodating up to 2,000 guests; and three food & beverage outlets. The hotel offers full-service amenities including a fitness center, a 24-hour business center, complimentary Wi-Fi, a concierge desk and valet parking.

The Inner Harbor attracted 26.2 million visitors in 2017 (up from 25.9 million the previous year; most recent data available). The property is in walking distance of both M&T Bank Stadium (home of the NFL’s Baltimore Ravens), Camden Yards (home of the MLB’s Baltimore Orioles), the Baltimore Convention Center (the city’s largest exhibit space and foremost concert venue), the National Aquarium, the Maryland Science Center, and the largest concentration of Baltimore’s 21.6 million square foot office market, including M&T’s headquarters.