New SBA Hotel Loan Best Western Southern California
Scope of Work:
Hotel Loan – Best Western – Southern California
Description of Project:
Veno Nathraj, a Hotel Broker with HTL Hospitality Advisors, is pleased to announce the placement of a new loan for Best Western Joshua Tree in Yucca Valley, California. HTL worked with a national lender to place a new loan on the 94-unit property which closed on June 1st 2015. The borrower received an SBA loan for the full amount requested. The rate and terms were highly competitive compared to other lenders.