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Lending Portfolio
Transaction Details
The 127-room hotel is being built adjacent to the Jackson-Madison County General Hospital (JMCGH) and will be the only hotel within a 3.5mile radius of the campus. The Ronald McDonald House will lease the hotel’s entire second floor. The developer is Hunt Properties and the broker for the loan was Arriba Capital.
Deal Basics
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location
Jackson, TN
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loan amount
$16.6 Million
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loan type
Construction Loan
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property type
Hotel