Four Points by Sheraton

$5,650,000
Permanent Debt
153-Room Upscale Class Hotel
Emeryville, CA

Highland successfully arranged a non-recourse perm loan featuring a 5-year term, a fixed rate with a spread in the low 200’s, with a rate in the high 5%’s, sized to a 1.50x DSCR, and a 12% Debt Yield for this flagged hotel asset.

 

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