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Sep 27, 2024
Deal Closed! $14.39 Million Towards the Acquisition of a Marriott Courtyard-Flagged Hotel in Fayetteville, AR.

Fayetteville

Stabilis is pleased to announce the closing of a $14,390,000 senior-secured bridge loan for the acquisition of a Marriott Courtyard-flagged hotel in Fayetteville, AR.

The Borrower faced a tight closing deadline and Stabilis funded in 3 weeks. The property has strong in-place cash flow and is outperforming its competitive set in terms of occupancy, RevPAR, and ADR. The property is in a prime location, 10 minutes from the University of Arkansas and adjacent to several retail centers.

Contact: Juan Robayo, 212-256-8968, juanrobayo@stabiliscap.com


$2M - $75M
Loan Amount


SOFR + 5.49%
Starting Rate


12-24 Months
Duration


1st Position
Senior Secured


Loan Buyer
Performing/Sub-performing