$7,000,000 – Cash Out Refi, Fairfield Inn & Suites, Memphis, TN


Cash Out for new hotel with only one year of operating history!

5 Year Fixed Rate Term, locked at application

Limited Recourse

6.38% fixed rate


Sponsor is an active developer in the area with a rock solid reputation. Many lenders in the area do not lend on hotels, which created the challenge for Banyan Commercial Capital to solve for client.

Michael Brown – mb@banyancc.com

Dan Bockstoce – db@banyancc.com