Bharat Patel Secures $12 Million Refinance Loan For Hotel In Woodland, California

The asset involved in this transaction is a hotel located at 584 North East Street in Woodland, featuring 122 keys and a total square footage of 63,541. The loan amount secured for this property is $12,000,000 as part of a refinance arrangement.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $12,000,000
• Address: 584 North East Street
• Market: Woodland
• Asset Size: 63,541 SF
• Lender: Aman H. Patel - Patel Capital Groups
• Borrower: Bharat Patel
• Accountant: Vikas Patel, CPA
• Loan Type: Refinance
• Loan Terms: 25 years

Aman H. Patel from Patel Capital Groups facilitated the refinancing for the borrower, Bharat Patel. The firm not only assisted in securing financing and restructuring the debt but also developed a financial plan aimed at supporting future capital needs and pursuing new projects in California and Texas. Vikas Patel, CPA, is noted as the accountant for this transaction.