A five-story Hampton Inn and Suites will be built in Shenandoah in 2023, located at 18200 I-45, Shenandoah, TX, 77384. The development site secured a loan amount of $15,300,000.00. The lender's representative for this transaction was the Vice President of Hall Structured Finance, and the borrower was K&K Hotel Group.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $15,300,000.00
• Address: 18200 I-45, Shenandoah, TX, 77384
• Market: Shenandoah
• Lender's Representative: Vice President (Hall Structured Finance)
• Borrower: K&K Hotel Group

The financing for the construction of the five-story Hampton Inn and Suites was facilitated by the Vice President of Hall Structured Finance, representing the lending institution. K&K Hotel Group, the borrower in this deal, will be developing the property into the hotel. This transaction outlines the collaboration between the lender, Hall Structured Finance, and the borrower, K&K Hotel Group, in bringing a new hospitality offering to Shenandoah in 2023.