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May 26, 2021
Deal Closed! $6.5 Million Acquisition Financing

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Stabilis Capital Management is pleased to announce the closing of a $6,500,000 loan for the acquisition of a Holiday Inn Express. The borrower successfully executed an off-market deal for the hotel located in Williamsburg, VA. Stabilis' ability to close quickly enabled the borrower to acquire the asset at a 25% discount to pre-COVID pricing.


$2MM - $75MM
Loan Amount


6.99%
Starting Rate


12-24 Months
Duration


1st Position
Senior Secured


Loan Buyer
Performing/Sub-performing