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Hotel Loan - $3,250,000 - Four Points Sheraton - Oklahoma City

  • Loan Amount: $3,250,000
  • Property Type: Hotel Building
  • Originator: Sam Petros
  • Interest Rate: 4.50%
  • Location: Oklahoma City

In this transaction San Diego Commercial & Business Financing was able to facilitate the refinance of this well managed and well run Four Points Sheraton Hotel in Oklahoma City. We were able to deliver our loan at WELL below market rates at the time because of the quality of the property and the quality of the client.  

LTV:      55%
Term:    5 year fixed term, amortized over 55 years
Rate:     4.50%
Prepay:  Step Down