$6,000,000
Permanant Debt
192-Room Upscale Class Hotel
Newark, 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 mid-5%’s, sized to a 1.50x DSCR, and a 12% Debt Yield for this flagged hotel asset.
