Canadian Buyer Secures $5.3M Loan Through PMZ Realty Capital For Hampton Inn Acquisition In Marysville

The asset involved in this transaction is an 83-room Hampton Inn located at 16610 Square Drive in Marysville, OH. The acquisition was financed through a loan amount of $5,300,000, specifically structured as an interest-only loan. This hotel investment marks the Canadian buyer's first venture into the U.S. market, with plans for a property improvement initiative following the acquisition.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $5,300,000
• Loan Type: Acquisition
• Broker: PMZ Realty Capital
• Market: Marysville, OH

PMZ Realty Capital played a crucial role in arranging the financial backing necessary for the acquisition, facilitating the transaction for the Canadian buyer. This buyer is entering the U.S. hospitality market for the first time and has specific plans for enhancing the property post-acquisition.