Loan amount
$31,500,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$48,000,000 {PP:$35,000,000}
LTV
66% {LTV}
Property type
Hotel
Borrower Details
Credit score
629
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Indianapolis
State
Indiana
Loan Details
Purchase price
$35,000,000
Down payment
$3,500,000
Additional Loan Information
To purchase a hotel portfolio that is currently operating with high revenue, in five locations, in multiple states. With the opportunity for expansion and new construction.
Status
Created
January 1, 2023 - 10:41pm

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