FINANCED
Marcus & Millichap Secures 5-Year, 6.5% Fixed Refinance Loan For Richmond, TX Hotel
5350 Pointe West Circle
Hotel
Financed 211 days ago
Summary
Loan
TEXAS
Hotel
The property involved in this transaction is a hotel located at 5350 Pointe West Circle in Richmond, TX. The deal involves a refinance loan.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: Not specified
- Loan Type: Refinance
- Loan Terms: 6.5% Interest Rate Fixed for 5-Years, 60% LTV Cash-Out Refinance, 5-Year Loan Term, 2-Years Interest Only Payments followed by a 28-Year Amortization, 0.35% Origination Fee
The broker representing this transaction is Duke Dennis from Marcus & Millichap.
If you have any further questions or inquiries, you can reach out to Duke Dennis at 979-777-9910 or [email protected].
Players
All
2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Duke Dennis
DATE: 10/04/2023
ADDRESS: 5350 Pointe West Circle
MARKET: Richmond, TX
ASSET TYPE: Hotel
BROKER: Duke Dennis (@Cre_Finance_Advisor) - Marcus & Millichap (@MarcusMillichapinc)
LOAN TYPE: Refinance
LOAN TERMS: 6.5% Interest Rate Fixed for 5-Years, 60% LTV Cash-Out Refinance, 5-Year Loan Term, 2-Years Interest Only Payments followed by a 28-Year Amortization, 0.35% Origination Fee
NOTE FROM BROKER: Duke can be reached at 979-777-9910 and [email protected]View on map
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Address5350 Pointe West Circle
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