Savoy USA Secures $4.5 Million Refinance Loan For 1005 Gould Drive Hotel In Bossier City

The property asset involved in this transaction is a hotel located at 1005 Gould Drive in Bossier City. The hotel consists of 123 keys and has a total square footage of 61,000. A loan amount of $4,500,000 was secured for refinancing this property.

Summary of transation details:

• Property Type: Hotel
• Transaction Amount: $4,500,000
• Market: Bossier City
• Lender: Community Bank of Louisiana
• Landlord: Savoy USA
• Broker: Abe Wurzberger - Rosewood Realty Group
• Loan Type: Refinance

The individuals and companies involved in this transaction include the landlord, Savoy USA, and the broker representing the landlord, Abe Wurzberger from Rosewood Realty Group. Community Bank of Louisiana served as the lender for the refinancing of this hotel property.