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Loan Amount

$55,000,000

Bridge Loan to stabilize a newly built, full service, independent beach front hotel in Daytona Beach, FL

Property Type
Hotel, Bridge Loan, Hospitality
Area
Daytona Beach, FL
Purpose
Bridge Loan
Brand
N/A
$55M Bridge Loan to stabilize a newly built, full service, independent beach front hotel in Daytona Beach, FL

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First Financial Capital has closed a $55M bridge loan to stabilize a newly built, full service, independent, beach front hotel in Daytona Beach, FL. The 560k square foot property has 456 guest rooms, 11,716 square feet of meeting space and 3 full service F&B outlets. Additionally this project includes a 165k square foot garage with over 500 parking spaces. We fully funded the transaction in 45 days.

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Our office

  • First Financial Capital
    9255 Sunset Blvd, Ste 800
    West Hollywood, CA 90069
  • Contact
    (310) 694-5060