Just bought another flag hotel!

[Nichole Stohler]

Investment Info:

Other commercial investment investment.

Contributors:
Mike Stohler

Another hotel!! 64 room upper-midscale branded hotel near several economic drivers in the metro Phoenix area. This project included syndication through a 506c offering for accredited investors.

What made you interested in investing in this type of deal?

We transitioned into hotels a few years ago and really enjoy this business. We were looking to add another hotel to our portfolio and offered this project through syndication.

How did you find this deal and how did you negotiate it?

Through our network of folks in the hotel industry. Negotiations included calculating costs of capital improvements and leveraging revenue actuals which were down due to partial construction and flag transition.

How did you finance this deal?

SBA Loan and Private Investment