KeyBank Provides $10M Acquisition Loan For Charlotte Hotel

7007 Macfarlane Boulevard

$10,000,000

Building Size

—

Asset Type

Hotel

Closing

Dec 18, 2023

AI

The hotel located at 7007 Macfarlane Boulevard in Charlotte, NC has been involved in a recent loan transaction. The lender for this acquisition loan is KeyBank, providing a loan amount of $10,000,000. The loan terms consist of a five-year, fixed-rate loan with a competitive interest rate and a full-term interest-only period.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $10,000,000
Lender: KeyBank
Owner: Liberty Investment Properties
Brokers: Michael Weinberg, Alec Fox, and Edmund Aramayo - Berkadia

The deal's key individuals involved in this transaction were Michael Weinberg, Alec Fox, and Edmund Aramayo of Berkadia, representing the buyer, seller, landlord, or tenant. They played a crucial role in facilitating the loan process and ensuring a successful acquisition of the hotel.

Players