Scott Burk Of LMF Commercial Secures $10.1M Refinance Loan For Hotel In Columbia MD

This transaction involves a hotel asset located in Columbia, MD, comprising 98 keys. The loan, amounting to $10,100,000, is a refinance under CMBS, featuring a 5-year fixed-rate interest-only structure.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $10,100,000
• Lender: LMF Commercial
• Loan Originator: Scott Burk
• Broker: John Harrington - HKS Real Estate Advisors
• Loan Type: Refinance
• Loan Terms: CMBS Refi: 5-year, Fixed-Rate IO

The key individuals involved in this transaction include Scott Burk, who served as the loan originator, and John Harrington, who represented the broker agency HKS Real Estate Advisors in the deal.