Brian Foody Of Alpha Capital CRE Secures $20.5M Bridge Loan For Hotel In Huntsville
940 Nunnuhsae Park Drive Northwest
$20,500,000
Building Size
—
Asset Type
Hotel
Closing
May 25, 2026
About this deal
AI
The asset involved in this transaction is a hotel located at 940 Nunnuhsae Park Drive Northwest, in the Huntsville, AL market. The property secured a loan amount of $20,500,000 under a bridge loan type.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $20,500,000
- Loan Type: Bridge
- Broker: Brian Foody - Alpha Capital CRE
This transaction highlights the participation of Brian Foody, who represented the deal through Alpha Capital CRE, indicating his role in facilitating the loan agreement for the hotel property.
On the Map
$20,500,000
Hotel
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Players
Huntsville Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.77%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93