Triumph Hospitality's Alpa Patel Secures $6.5M Refinance Loan For Denham Springs Hotel

The property asset involved in this transaction is a hotel located at 201 Rushing Road West in Denham Springs, LA. The hotel spans a total area of 40,000 square feet and comprises 80 keys. This asset is noteworthy for its scale and location within the Denham Springs market.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $6,500,000
• Loan Amount: $6,500,000
• Loan Type: Refinance
• Lender: US Bank
• Landlord: Triumph Hospitality - Alpa Patel
• Broker: Daniel Kowalsky - HKS Real Estate Advisors

The transaction is represented by broker Daniel Kowalsky, affiliated with HKS Real Estate Advisors, facilitating the refinance of the hotel property on behalf of Triumph Hospitality, represented by Alpa Patel. This deal underscores the active engagement in the hospitality sector of the Denham Springs market.