Project Overview
Project Overview
Project Overview
Location
Avenel, NJ
Location
Avenel, NJ
Number of Units
85 Keys
Number of Units
85 Keys
Loan Amount
$5,500,000
Loan Amount
$5,500,000
Asset Type
Hotel
Asset Type
Hotel
Transaction Challenges:
» Smaller flagged hotel with limited recent operating history post-renovation made conventional underwriting difficult.
Transaction Challenges:
» Smaller flagged hotel with limited recent operating history post-renovation made conventional underwriting difficult.
ArrowREA Solution:
» Structured a tailored Life Insurance Company execution emphasizing property’s stabilized performance and sponsorship track record.
ArrowREA Solution:
» Structured a tailored Life Insurance Company execution emphasizing property’s stabilized performance and sponsorship track record.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.