Bid Date: February 22, 2023 5:00 PM EST
MIAC Analytics is pleased to announce the offering of Senior and Mezzanine Financing for Refinancing and Development of a Business Class Hotel in the Western United States. The seller is a commercial bridge loan originator.
Investment Opportunity:
- Property Type: Hospitality
- Project “As Complete” Value: $153,600,000
- Total Project Cost: $130,575,000
- Total Principal Balance: $107,000,000
- CLTV: 70%
- Proposed WAC: 13.14%
- Index: 30 Day SOFR
- Additional Details Available Under Non-Disclosure Agreement
Find out more
Learn more about MIAC Whole Loan Sales & Brokerage
Contact
For more information about this transaction, contact your MIAC sales representative at (212) 233 – 1250
Steve Harris
Managing Director, MIAC Capital Markets
(908) 400-2615
Steve.Harris@miacanalytics.com
Nicholas Dorn
SVP, Whole Loan Sales, Trading
(561) 346-6814
Nicholas.Dorn@miacanalytics.com
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