Silverview RV Resort LLC Secures $8.8 Million Acquisition Loan For Hotel In Bullhead City AZ

The asset involved in this transaction is a hotel located at 1600 Silver Creek Road in Bullhead City, AZ. The loan for the property was structured as a five-year non-recourse loan amounting to $8,800,000, with an interest rate of 5.34%. The financing terms include two years of interest-only payments, followed by a 25-year amortization schedule.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $8,800,000
• Loan Type: Acquisition
• Landlord: Silverview RV Resort LLC
• Brokers: Anthony Golebiewski & Phil Noto - Berkadia
• Market: Bullhead City, AZ
• Loan Notes: Five-year non-recourse loan with 5.34% interest rate

Key individuals involved in this transaction include the landlord, Silverview RV Resort LLC, and the broker representatives Anthony Golebiewski and Phil Noto from Berkadia. Berkadia Manufactured Housing played a critical role in securing the acquisition financing for the property.