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$55M Bridge Loan to stabilize a newly built, full service, independent beach front hotel in Daytona Beach, FL
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.
- Closing Date
- Loan Amount
- Daytona Beach, FL
- Bridge Loan