Recapitalization & Development
SpringHill Suites Avondale
Avondale, AZ
128 Keys
Principals of Schelin Downes & Co. arranged a 70% LTC non-recourse construction loan for the development of a 128-key limited service Springhill Suites by Marriott hotel in suburban Phoenix. Equity for the project was provided by an Opportunnity Zone Fund.
Posted in Debt Financing