DAYS INN SPRINGFIELD – SPRINGFIELD, PA

Details

Loan Type: Permanent Financing

Loan: $5,800,000

The property consists of a two-story, 131-room limited service Days Inn hotel located in Springfield, PA. The hotel underwent major renovations in 2005 and features such amenities as a fitness center, a large banquet room, a restaurant, etc. The $5,800,000 loan featured an interest rate swap to bring the seven year fixed rate down to 4.75%.

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