$3,575,000 Hotel Purchase Loan

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March 25, 2022

Our borrower approached us with an intricate multi-leveled ownership structure that we efficiently worked through with all interested parties. This Palm Springs motel is in a perfect location and the borrower plans on transforming it into an ultra-chic and modern boutique hotel.

Our loan allowed the borrower to complete the purchase of the property on an ultra-short timeline. The borrower will exit the loan once plans and permits are complete by way of a conventional construction loan.

Highlights:

  • 65% Loan to Purchase
  • Intricate Ownership Structure
  • Beautiful Location

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