Construction Loan

Springhill Suites Avondale

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.

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