Updated Sep 11, 2026
Twain Financial Partners Provides $16M Bridge Loan For Hotel In Spokane
110 South Madison Street
$16,000,000
$547/SF
Building Size
29,200 SF
Asset Type
Hotel
Closing
Dec 2, 2022
About this deal
AI
An asset in Spokane, located at 110 South Madison Street, has recently been involved in a closed loan transaction. The property is a hotel with a size of 29,200 square feet.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $16,000,000
- Lender: Twain Financial Partners
- Landlord: Curtis Rystadt
- Brokers: Jason Roth & Matteo Elias – Colliers
Twain Financial Partners acted as the lender in the deal. The loan amount for this transaction was $16,000,000.
The hotel loan at 110 South Madison Street in Washington financed for $16M in 2022. The building is 29,200 square feet, implying about 547 per square foot on the published price. Jason Roth, Matteo Elias, Colliers appear on the loan alongside Colliers. This page is the Washington file for the 110 South Madison Street hotel financed: pricing, party profiles, and other closed hotel comps from the same Washington sit in the Market section below. Filter that local hotel set by closing date to see what else financed near 110 South Madison Street around 2022. Published consideration for 110 South Madison Street is $16M, dated 2022. Cite this Twain Financial Partners Provides $16M Bridge Loan For Hotel In Spokane loan when underwriting similar hotel product around Washington.
Players
Market Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93