Avatar Financial Group Provides $5.3M Bridge Loan For Odessa Hotel

5221 John Ben Shepperd Parkway

Hotel

22,000 SF

Financed 1 year ago

Summary

Loan

TEXAS

Hotel

22,000 sqft

A hotel located at 5221 John Ben Shepperd Pkwy in Odessa has been involved in a recent real estate transaction. The hotel, spanning across 22,000 square feet and consisting of 100 keys, was part of a closed deal on 07/19/2022.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $5,300,000
Loan Type: Bridge Loan
Loan Terms: 12-month term
Lender: Avatar Financial Group - TR Hazelrigg

TR Hazelrigg, representing Avatar Financial Group, served as the lender in this transaction with a bridge loan of $5,300,000. The loan has a term of 12 months.

Players

All
1

Lenders
1

Avatar Financial Group

Details

Deal Summary

FINANCED

IMAGE: TR Hazelrigg DATE: 07/19/2022 ADDRESS: 5221 John Ben Shepperd Pkwy MARKET: Odessa ASSET TYPE: Hotel ~ KEYS: 100 ~ SF: 22,000 LENDER: Avatar Financial Group - TR Hazelrigg (@TRHaz) LOAN AMOUNT: $5,300,000 LOAN TYPE: Bridge Loan LOAN TERMS: 12-month term

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Address5221 John Ben Shepperd Parkway

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