Project Overview
Project Overview
Project Overview
Location
Corona, NY
Location
Corona, NY
Number of Units
173 Keys
Number of Units
173 Keys
Loan Amount
$37,500,000
Loan Amount
$37,500,000
Asset Type
Hotel
Asset Type
Hotel
Transaction Challenges:
» Hotel refinance in a challenging market for hospitality assets » Number of hotels in the immediate market
Transaction Challenges:
» Hotel refinance in a challenging market for hospitality assets » Number of hotels in the immediate market
ArrowREA Solution:
» The Arrow REA team, used the strength of the Sponsor and hotel flag, marketed the financing opportunity to a multitude of banks and conduit lenders and was able to close the deal with a large regional bank.
ArrowREA Solution:
» The Arrow REA team, used the strength of the Sponsor and hotel flag, marketed the financing opportunity to a multitude of banks and conduit lenders and was able to close the deal with a large regional bank.
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.