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Hunter Hotel Advisors Closes $31.47 Million in Financing for Three Hotels
ATLANTA, Georgia—Hunter Hotel Advisors (HUNTER) announced the closing of $31.47 million in financing for three hotel properties. Senior Vice President of Capital Markets Adeel Amin executed the transactions on behalf of the firm. The financing includes the following: “The Home2 Suites property provides a notable data point for the non-recourse market,” said Amin. “The deal, characterized by a 12 percent debt yield, secured a ~68 percent loan-to-cost ratio with a 314-basis point spread over five-year […] The post Hunter Hotel Advisors Closes $31.47 Million in Financing for Three Hotels appeared first on LODGING Magazine.
ATLANTA, Georgia—Hunter Hotel Advisors (HUNTER) announced the closing of $31.47 million in financing for three hotel properties. Senior Vice President of Capital Markets Adeel Amin executed the transactions on behalf of the firm. The financing includes the following: “The Home2 Suites property provides a notable data point for the non-recourse market,” said Amin. “The deal, characterized by a 12 percent debt yield, secured a ~68 percent loan-to-cost ratio with a 314-basis point spread over five-year […]
The post Hunter Hotel Advisors Closes $31.47 Million in Financing for Three Hotels appeared first on LODGING Magazine.
