Hotel Construction
Multiple TX / WY
Multiple TX / WY
Location
Hospitality
Property Type
Construction
Loan
$38.7MM
Loan Amount
60%
LTC
24 Mo.
Loan Term
OUR PORTFOLIO
Multiple TX / WY
Location
Property Type
Loan
Loan Amount
LTC
Loan Term
Palladius provided hotel construction loans for the development of three hotels located in Waco, TX, Brownsville, TX & Cheyenne, WY. The properties consist of two 122-key & one 114-key branded extended stay hotels. The sites benefit from locations in high growth markets, near multiple corporate offices & major employers, retail shopping centers, universities, and health care facilities. The experienced sponsor is one of the world’s largest lodging franchisors with over 7,000 hotels in 35 different countries and over 80 years of experience in the industry.