LocationProperty TypeLoan Amount

Property

57 Unit Hotel In Austin Texas |

7705 Metro Center Drive, Austin, Texas 78744
57 Unit Hotel In Austin Texas

Property Features

Price: $2,800,000
Listing Type: Closed Loans
Property Type: Hospitality
Features: Interim Loan, Term Loan, 75% LTV

Property Description

A 57 unit hotel in Austin Texas.  We provided a $2,800,000 interim construction loan and term loan.  The term loan was a 5 year fixed rate with a 20 year amortization.   This property is located near Bergstrom Airport in Austin Texas.

Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas, commercial loans in Dallas Texas, and commercial loans in Austin Texas.  We specialize in loans secured by office buildings, multifamily, self storage, retail, shopping centers, church buildings, and land.

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