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Greysteel Secures $14.9M Refinance Loan For Beechwood Hotel Group's Hilton Garden Inn Green Bay
FINANCED
$14,900,000
Wisconsin
See Similar DealsHotel
Financed 07/30/2025
FINANCED
Greysteel Secures $14.9M Refinance Loan For Beechwood Hotel Group's Hilton Garden Inn Green Bay
1015 Lombardi Avenue
See Similar DealsHotel
Financed 07/30/2025
Summary
WISCONSIN
Asset Type:Hotel
Transaction Type:Loan
The transaction involved a hotel asset located at 1015 Lombardi Avenue in Green Bay, WI. The asset type is a hotel featuring 125 keys. A refinance loan of $14,900,000 was secured for the property.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: $14,900,000
- Loan Type: Refinance
- Lender: Fox Communities Credit Union
- Landlord: Beechwood Hotel Group
- Broker: Greysteel
- Market: Green Bay, WI
Greysteel represented Beechwood Hotel Group in securing the refinancing deal, which was completed ahead of the CMBS loan maturity. This transaction ensured the continued ownership and management of the Hilton Garden Inn Green Bay by the longtime operator.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$14,900,000.00
Monthly NOI$99,333.33
Monthly Debt Service$94,178.14
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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