Canyon Partners Real Estate Provides $51.5M Construction Loan For Charlotte Hotel

A construction loan has been secured for a hotel property located at 125 South Brevard St in Charlotte, NC. The loan amount is $51,500,000 and the lender is Canyon Partners Real Estate. The property is owned by Opterra Capital & The Montford Group.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $51,500,000
• Lender: Canyon Partners Real Estate
• Landlord: Opterra Capital & The Montford Group
• Loan Type: Construction
• Address: 125 South Brevard St, Charlotte, NC

The construction loan for the hotel property was secured through Canyon Partners Real Estate. Opterra Capital & The Montford Group are the owners of the property. The loan will be utilized for the construction of the hotel.