Joel Hiser Hotel Broker & Loan Specialist: Just sold & arranged financing for the Comfort Suites located in Northern California

Joel Hiser sold Comfort Suites Marysville CA

Scope of Work:

Successful Close of Escrow – Comfort Suites, Marysville, California

Description of Project:

Joel Hiser, a Hotel Broker & Loan Specialist in the San Francisco office of HTL Hospitality Advisors, is pleased to announce the recent sale and financing of the Comfort Suites Hotel in Marysville, California. HTL represented both the seller, Vikram Enterprises, LLC and the buyer, BW Payson, LLC in the transaction which closed on Monday, September 25, 2017. The buyer of the Hotel plans to complete a full, $1.5 million, renovation of the Choice Hotels International branded property. The interior corridor property, which has an indoor pool and two meeting rooms, traded at 3.6 times room revenue.

HTL arranged a $300,000 subordinated loan with a 3-year term to help structure the capital needs of the buyer for use in completing acquisition as well as the proposed renovation.

Project Status:

For additional information please contact: Joel Hiser at 415-722-2535 or via email at

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Joel Hiser a Hotel Broker & Loan Specialist: Just secured a Subordinated $300,000 Note and Deed of Trust for use in the Purchase of a Northern California Hotel

Joel Hiser secured a $300,000 subordinated loan for Comfort Suites Marysville CA

Scope of Work:

Joel Hiser a Hotel Broker & Loan Specialist just secured a $300,000 subordinated loan for 3-years at a fixed rate 7.0% and amortization for 15-years.

Description of Project:

Joel Hiser, a Hotel Broker & Loan specialist with HTL Hospitality Advisors, recently arranged $300,000 of secondary financing subordinate to a SBA loan for the acquisition of a 65 room, limited service, Comfort Suites Hotel located at 1034 N. Beale Road, Marysville, California.

Project Status:

For additional information or for help with your hotel financing needs, please contact Joel Hiser at 415-722-2535 or via email at

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Southeast Hotel Brokerage & Financing Services

Southeast Hotel Brokerage & Financing Services

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Experts in Hotel Real Estate

We are a full service real estate company focused exclusively on hotel brokerage and financing.

Experienced industry professionals.
Seasoned transaction advisors.
Knowledgeable in hotel operations.
Loan placement.

If we can be of service or should you wish to simply discuss the value of your property please contact:

Mark S. Beadle, CHA
Atlanta Office
Direct – 770-971-3005
Cell – 633-8540
E-mail –

A World of Difference – One Solution

HTL Hospitality Advisors

Nationwide Coverage

A Hotel Advisor You Can Trust!

www.HTLHA.com

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Meet HTL Hospitality Advisors at 2017 IHG Americas Conference

ihg-conference-header

HTL Hospitality Advisors logo

Experts in Hotel Real Estate

Join us to discuss your hotel real estate needs at the

2017 IHG Americas Conference

Las Vegas June 19 – 21
Booth No 812

Joel Hiser

Joel Hiser

Mark Beadle

Mark Beadle, CHA

Yatish Nathraj

Yatish Nathraj

Bryan Gipson

Bryan Gipson

A World of Difference – One Solution

HTL Hospitality Advisors

Nationwide Coverage

A Hotel Advisor You Can Trust!

www.HTLHA.com

520 Hits

Joel Hiser Hotel Broker & Loan Specialist- Recently sold the Park Inn & Suites located in Central California

Joel Hiser sold Park Inn Fresno

Scope of Work:

Successful Close of Escrow – Park Inn & Suites, Fresno, California

Description of Project:

Joel Hiser, a Hotel Broker & Loan Specialist in the San Francisco office of HTL Hospitality Advisors, is pleased to announce the recent sale of the former Park Inn & Suites - Fresno, California. The sale of this 201 room, full service hotel with a freestanding restaurant, lounge and ballroom situated on approximately 9-acres of land also required a separate sale of the Series 47 liquor license. Upon closing of escrow the new owners elected to rename the facility The Hotel Fresno and operate it as an independent hotel. HTL represented both the seller, Diamond Int’l Investment LLC and the buyer, West Coast orange Group, LLC in the transaction. The buyer of the Hotel plans to complete a renovation and continue to operate it as an independent hotel.

Project Status:

For additional information please contact: Joel Hiser at 415-722-2535 or via email at at

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Of this we are certain, no one is better qualified and positioned to assist clients in succeeding with their hotel, tourism and leisure projects, assets and investments than the hotel experts at HTL Hospitality Advisors.

Call us today at (415) 925-8800