HALL Structured Finance Provides $15.3M Construction Loan For Hotel In Spring

23523 Northgate Crossing Boulevard

Hotel

1,000 SF

Financed 1 year ago

Summary

Loan

TEXAS

Hotel

1,000 sqft

The property involved in the closed transaction is a hotel located at 23523 Northgate Crossing Blvd in Spring. The hotel has 106 keys and a total square footage of 1,000. The property belongs to K&K Hotel Group.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $15,300,000
Address: 23523 Northgate Crossing Blvd
Market: Spring
Keys: 106
Square Footage: 1,000

The lender for this transaction is HALL Structured Finance (HSF), represented by Matt Mitchell. The loan amount for the construction project is $15,300,000. The landlord of the hotel is K&K Hotel Group.

Players

All
1

Lenders
1

HALL Structured Finance

Details

Deal Summary

FINANCED

IMAGE: Matt Mitchell DATE: 08/30/2022 ADDRESS: 23523 Northgate Crossing Blvd. MARKET: Spring ASSET TYPE: Hotel ~ KEYS: 106 ~ SF: 1,000 LENDER: HALL Structured Finance (HSF) - Matt Mitchell LANDLORD: K&K Hotel Group LOAN AMOUNT: $15,300,000 LOAN TYPE: Construction

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Address23523 Northgate Crossing Boulevard

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