Ali Momin Acquires Hotel In Houston With $52.5M Construction Loan | 1319 Texas Avenue | Ryan Bosch | Hotel | Loan

Summary

Loan

TEXAS

Hotel

123,306 sqft

The property involved in this transaction is a hotel located at 1319 Texas Avenue in Houston. The hotel has a total area of 123,306 square feet. The transaction took place on 08/15/2023.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $52,500,000
Loan Type: Construction
Loan Terms: 75% Loan-to-Cost
Landlord: Ali Momin
Broker: Ryan Bosch of Arriba Capital

Ryan Bosch from Arriba Capital represented the landlord, Ali Momin, in this loan transaction. The loan amount for the construction of the hotel was $52,500,000, and the loan terms were set at 75% loan-to-cost.

Players

All
2

Agents
1
Agencies
1

Ryan Bosch

Hospitality Debt & Structured Finance

Arriba Capital

Details

Deal Summary

FINANCED

IMAGE: Ryan Bosch DATE: 08/15/2023 ADDRESS: 1319 Texas Avenue MARKET: Houston ASSET TYPE: Hotel ~ SF: 123,306 LANDLORD: Ali Momin BROKER: Ryan Bosch - Arriba Capital LOAN AMOUNT: $52,500,000 LOAN TYPE: Construction LOAN TERMS: 75% LTC

View on map

Address1319 Texas Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want