Financing Amount:
$6,200,000
Purpose:
Refinance
Location:
PHOENIX, AZ
Capital Source:
Bank
Transaction Details:

The Comfort Inn is a 3-story, 122 key, limited service hotel built in 1997 and located in Phoenix, Arizona. The property was acquired in December of 2015 by Tower Capital’s client, an experienced hotel owner/operator, based in Toronto.

The $6,200,000 loan secured by Tower Capital through a local bank allows the borrower to recoup costs for capital improvements and recover equity invested into the property.

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15333 N. Pima Road
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Scottsdale, AZ 85260
480-426-0560
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