Joel Hiser a Hotel Broker & Loan Specialist: Just secured a $3,782,500 SBA 7(a) Hotel Loan with a Term of 25-Years
Scope of Work:
Joel Hiser a Hotel Broker & Loan Specialist: Recently secured a $3,785,500 SBA 7(a), variable rate, 25-year, loan.
Description of Project:
Joel Hiser, a Hotel Broker & Loan specialist with HTL Hospitality Advisors, recently secured $3,785,500 SBA loan to finance the acquisition of a 79 rooms, limited service, Super 8 Inn located at 4999 Biddle Road, Medford, Oregon. Mr. Hiser and HTL were able to identify a Salt Lake City based Bank with branches in California that was willing to address all the borrower’s demands. HTL was paid directly by the lending source and thus, the borrowing entity was not responsible for payment of any commission charges.