Alpha Capital CRE Arranges $22M Bridge Loan For Former Wyndham Hotel In Albuquerque

A former Wyndham Hotel located at 2500 Carlisle Blvd NE in Albuquerque, NM has been involved in a closed property transaction. The property is a mixed-use asset with 297 residential units and over 12,400 square feet of commercial space. The transaction was secured by the property, which is now under the ownership of the buyer.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $22,000,000
• Loan Type: Bridge
• Lender: Avant
• Broker: Anthony Longo - Alpha Capital CRE

Anthony Longo of Alpha Capital CRE acted as the broker in this deal, representing the buyer. Avant provided the bridge loan in the amount of $22,000,000. The property, formerly a Wyndham Hotel, is now secured by 297 residential units and over 12,400 square feet of commercial space. It presents a valuable investment opportunity in the Albuquerque market.