Skip to content
Search
Close this search box.
(800)865-9011

Hotel Purchase Acquisition Construction Loan

Funded By: iBorrow

Challenge iBorrow Solved:

The sponsors needed a creative and flexible lender to work with them to finance a $100MM+ purchase of a large, well-located and iconic hotel that had been closed for several years. Despite certain entitlement risks, iBorrow was able to close its funding on time and provide a full interest reserve to cover the borrower’s debt service payment requirements. This loan will carry the property through the planning and permitting process.

Funded Loan Amount
Funded City
Property Type
Click for other lenders that offer financing
for this property type
Loan Type
Click for other lenders that offer financing
for this loan type

Other deal by iBorrow