Deal Status

Active

Property Address

901 w airport freeway

euless, Texas

76040

Requested Loan Amount

2500000

Loan to Value

80

Loan Term

240

Lien Position

1st

Collateral Type

Commercial Property

Exit Strategy

Refinance

Commercial Property Type

Hospitality

Hospitality Property Types

Full Service Hotel

Number of Units

54

Current Occupancy

Owner Occupied

Current Occupancy Percentage

100

Loan Type

Refinance

Square Footage

23334

Current Market Value

3170000

Existing Mortgages

  • 1st

Mortgage 1 Balance

2300000

Equity Cash Out

Yes

Equity Cash Out Purpose

Improve Subject Property

Equity Cash Out Details

see notes in appraisal

Appraisal

Yes

Appraisal Date

03/29/2019

Lot Size

1.64

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

Comments

please contact for financial and copy of appraisal

First Name

Oscar

Last Name

Barbadillo

Company

Texas Commercial Capital

Role

Consultant

Location

Dallas
Texas
USA