Black Bear Capital Partners Arranges $8.9M Loan For Hilton Garden Inn Acquisition In Alpharetta, GA | 10975 Georgi Lane | Suraj Desai | Hotel | Loan

Summary

Loan

TEXAS

Hotel

The Hilton Garden Inn located at 10975 Georgia Lane in Alpharetta, GA has been acquired through an acquisition loan. The loan amount for this transaction is $8,945,000. The property is a hotel with 125 keys.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $8,945,000
Market: Alpharetta, GA
Address: 10975 Georgia Lane

The deal was facilitated by Suraj Desai from Black Bear Capital Partners, who represented the buyer. The 5-year permanent loan has a loan-to-value (LTV) ratio of 65%.

Players

All
2

Agents
1
Agencies
1

Suraj Desai

Senior Managing Director

Black Bear Capital Partners

Details

Deal Summary

FINANCED

IMAGE: Suraj Desai DATE: 05/24/2023 ADDRESS: 10975 Georgia Lane MARKET: Alpharetta, GA ASSET TYPE: Hotel BROKERS: Suraj Desai - Black Bear Capital Partners (@BlackBearCapitalPartners) LOAN AMOUNT: $8,945,000 LOAN TYPE: Acquisition LOAN TERMS: The Hilton Garden Inn, spanning 125-keys, was acquired via a 5-year permanent loan at 65% LTV.

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Address10975 Georgi Lane

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