68 East Ave

Financing Aug 29, 2024

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Metrics

N/A

structure

$48.7M

amount

N/A

term years

N/A

interest rate

N/A

fixed vs floating

Bridge Loan

financing types

structure:
- Bridge Loan
- CMBS
- EB-5
- Equity
- Mezzanine Debt
- Preferred Equity
- Senior Loan
amount:
term years:

interest rate:
fixed vs floating:
- Fixed
- Floating
financing types:
- Bridge Loan
- CMBS
- Construction
- EB-5
- Refi
Refreshing... Done!

Properties

68 East Ave

68 East Ave, Austin, TX, 78701

Organizations

Choice Hotels International

Hunter Hotel Advisors

Borrower's Representative

Stratus Development Partners

Benefit Street Partners

People

Borrower's Representative

Charlie Ryan

Stories

Benefit Street Partners Funds $48.7M Loan for Refinancing of Downtown Austin Hotel

Source: REBusinessOnline

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Contributors to this transaction

Commercial Observer