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Lending Portfolio
Transaction Details
Hotel Indigo will be an eight-story, 144-room, full-service hotel featuring a 109-space parking garage on the first four floors. The hotel is strategically positioned near key demand drivers such as Fort Lauderdale – Hollywood Internatiinal Airport and Port Everglades cruise terminals. The borrower is Genesis US Properties, a real estate investment firm based in Miami.
Deal Basics
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location
Fort Lauderdale, Florida
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loan amount
$40.89 Million
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loan type
Construction Loan
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property type
Hotel