DebtX is pleased to announce the sale of a $34.6 million performing loan relationship secured by a Class A, newly constructed hotel asset in a major Central Texas MSA. The relationship was originated in 2015 for the purpose of constructing the collateral property and carries a 5.1708% variable interest rate and a 02/05/2021 maturity date. The collateral property is a 222-room national flag, full-service hotel and conference facility. The sponsor is a well-known global real estate investment, development, and management firm.
Indicative bids are due before 2 pm ET on August 6th.
For more information, please contact Kevin Twomey at 617-531-3425.
You must be registered with DebtX to receive detailed information about these loans and to participate in the sale. To register, please visit our registration page.