$3.373M HOTEL ACQUISITION

PROJECT INFO

$3,373,000
Conventional Acquisition Loan
Wyndam Garden Inn Hotel
Texarkana, TX

PROJECT DETAILS

V3 Lending successfully closed a conventional $3,373,000 Loan to acquire a 143 room Wyndam Garden Inn Hotel in Texarkana, TX. The loan was funded with a 25% equity injection at 4.9% interest rate fixed for 5 years. The sponsors are local hotel operators who were looking to expand their hospitality portfolio without having to utilize SBA financing.

Closed Transaction

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2591 Dallas Parkway

Frisco, Texas 75034

TF: 877-331-9583

P: 214-295-8354

F: 214-540-5169