Lending Portfolio

Transaction Details

Compass by Margaritaville will be a 14-story, 150-key oceanfront hotel. Located 15 miles from downtown Myrtle Beach, the project is strategically positioned in the family-oriented community of North Myrtle Beach, known for its world class sandy beach. Hotel features include a full-service restaurant, poolside bar, two spa-like indoor pools, an outdoor pool, and a 13-foot outdoor waterslide. The project sponsor is MIG Investments of MB.

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Deal Basics

  • location

    Myrtle Beach, South Carolina

  • loan amount

    $68.5 Million

  • loan type

    Construction Loan

  • property type

    Hotel

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Affinity at Three Springs

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