FINANCED
Nihad Choudhury's LMF Commercial Provides $17M Refinance Loan For Hillsboro-Orenco Hotel
LMF Commercial completes loan for $17,000,000 in Hillsboro-Orenco
Hotel
60,640 SF
60,640 SF
Financed 354 days ago
Summary
Loan
OREGON
Hotel
60,640 sqft
A hotel property located in Hillsboro-Orenco has recently undergone a refinancing transaction. The property spans a total of 60,640 square feet.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $17,000,000
Nihad Choudhury, representing LMF Commercial, acted as the lender in this refinancing deal. The loan, with a total amount of $17,000,000, offered a 10-year term with 2 years of interest-only payments. Additionally, the loan terms included a cash-out option and a relatively short closing period of 26 days.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: Nihad Choudhury
DATE: 04/13/2023
MARKET: Hillsboro-Orenco
ASSET TYPE: Hotel ~ SF: 60,640
LENDER: Nihad Choudhury - LMF Commercial
LOAN AMOUNT: $17,000,000
LOAN TYPE: Refinance
LOAN TERMS: CMBS: 10 years with 2 years IO; Cash Out; 26-day closingView on map
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AddressLMF Commercial completes loan for $17,000,000 in Hillsboro-Orenco
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