$13MM Financing for Limited Service Hotel Acquisition in Seattle Area
- Loan Amount
- $13,000,000
- Property Type
- Hotel
- Area
- Seattle, Washington
- Purpose
- Acquisition Loan
- Brand
- N/A
First Financial Capital is pleased to announce the successful closing of a $13 million financing package for the acquisition of a limited service hotel in the vibrant Seattle, Washington market. The buyer, a seasoned hospitality investor and operator, plans to implement a comprehensive renovation and improvement program to enhance the property's value and guest experience, followed by reflagging the hotel under a major hospitality brand. The First Financial Capital team worked closely with the buyer to structure a tailored financing solution that supports their acquisition and improvement plans, enabling them to unlock the property's full value.
![](/_next/image?url=https%3A%2F%2Fwww.datocms-assets.com%2F55238%2F1712256003-olivier-piquer-qkwz-jxazwm-unsplash.jpg%3Ffit%3Dcrop%26fm%3Djpg%26h%3D1000%26w%3D2000&w=3840&q=75)