Mag Mile Capital Arranges $7.5M Loan For San Marcos Hotel On Bintu Drive | 105 Bintu Drive | Michael (Mike) Taylor | Hotel | Loan

Summary

Loan

TEXAS

Hotel

69,338 sqft

The hotel property located at 105 Bintu Drive in San Marcos has recently undergone a closed transaction. This hotel asset spans approximately 69,338 square feet and consists of 106 keys. The property is managed by Haven Management Services. The deal was facilitated by broker Mike Taylor from Mag Mile Capital.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $7,475,000
Date: 06/28/2022
Address: 105 Bintu Drive
Market: San Marcos
Keys: 106
Square Footage: 69,338

The loan terms for this transaction include a 5-year term. This information, along with the loan amount of $7,475,000, provides key insights into the financing of the hotel property.

Players

All
2

Agents
1
Agencies
1

Michael (Mike) Taylor

Senior Loan Originator

Mag Mile Capital

Details

Deal Summary

FINANCED

IMAGE: Mike Taylor DATE: 06/28/2022 ADDRESS: 105 Bintu Drive MARKET: San Marcos ASSET TYPE: Hotel ~ KEYS: 106 ~ SF: 69,338 LANDLORD: Haven Management Services BROKER: Mike Taylor - Mag Mile Capital (@MagMileCapital) LOAN AMOUNT: $7,475,000 LOAN TERMS: 5 Year Term,

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Address105 Bintu Drive

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