Lending Portfolio
Transaction Details
Residence Inn by Marriott Phoenix Mesa East is a 127-suite hotel in East Mesa, Arizona. Rooms feature fully equipped kitchens, a dining and living room area, and dedicated workspace. The property was recently constructed and is adjacent to the Mountain Vista Medical Center with easy access to the cities of Mesa, Tempe, and Scottsdale. The hotel owner is Tucson-based Khangura Development.
Deal Basics
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location
East Mesa, AZ
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loan amount
$19.1 Million
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loan type
Bridge Loan
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property type
Hotel