Mag Mile Capital Arranges $7.5M Loan For San Marcos Hotel On Bintu Drive

The hotel property located at 105 Bintu Drive in San Marcos has recently undergone a closed transaction. This hotel asset spans approximately 69,338 square feet and consists of 106 keys. The property is managed by Haven Management Services. The deal was facilitated by broker Mike Taylor from Mag Mile Capital.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $7,475,000
• Date: 06/28/2022
• Address: 105 Bintu Drive
• Market: San Marcos
• Keys: 106
• Square Footage: 69,338

The loan terms for this transaction include a 5-year term. This information, along with the loan amount of $7,475,000, provides key insights into the financing of the hotel property.