Location: Tempe, AZ
Loan Amount: $10,000,000
Interest Rate: 5.5%
Loan to Value: 60%
Loan Type: RefinanceRecourse
Arriba Capital is a leading capital markets advisory firm specializing in hospitality finance, hotel lending, commercial real estate, and real estate financing. Their recent financing of a $10MM cash-out refinance for a 140 room hotel property located in Tempe, AZ, is a testament to their expertise and experience in the industry.
The loan was sized to 60% LTV, with a competitive 5.5% interest rate and a 30-year amortization schedule, providing a substantial amount of cash-out for the owner. The client, a local Arizona real estate investor, turned to Arriba Capital for their expertise and ability to secure financing quickly and efficiently.
Arriba Capital's team of experts worked closely with the client to understand their business objectives and tailor a financing solution that met their specific needs. Their commitment to delivering exceptional service and value to their clients sets them apart in the industry.
Their expertise in hospitality finance and hotel lending, combined with their deep understanding of commercial real estate and real estate financing, allows Arriba Capital to provide customized solutions that meet the unique needs of each client. Whether it's acquisition financing, refinancing, or construction financing, their team of experts is equipped to provide the best possible solution for their clients.
As a top capital markets advisory firm, Arriba Capital is well-respected in the industry for their ability to secure financing for a wide range of commercial real estate projects, including hotels, resorts, and other hospitality properties. Their focus on delivering the highest level of service and value to their clients has earned them a reputation as a trusted partner in the industry.
As Arriba Capital continues to expand its presence in the hospitality finance and hotel lending industry, it is clear that they will remain a top choice for clients across the country. With a commitment to excellence and a deep understanding of the market, they are well-equipped to provide the best possible financing solutions to meet the unique needs of each client.