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$15,200,000 Hotel Portfolio Acquisition Loan

Loan Type : Acquisition

Loan : $15,200,000

A $15,200,000 acquisition loan for the Courtyard by Marriott and The Inn at Wilmington, two hotels situated on a single tax parcel located in Wilmington, Delaware. The interest rate was fixed at 315 basis points over the 10-year treasury and the underwritten loan-to-value was 70%. The loan is structured as a ten-year term with a 25-year amortization.

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Based in the Philadelphia region, Real Property Capital, Inc. (RPC) is a commercial mortgage banking firm with a regional focus and national capabilities... Read More

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303 Harry St.
Conshohocken, PA
19428
(610) 456-9644
bgreen@realpropertycapital.com

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