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The Madison Group arranges a $1,650,000 loan to purchase an Inn in Oregon

Tags: Commercial Loan, Commercial Real Estate, Commercial Real Estate Financing, Hospitality, Hospitality Financing, Hotel Loans, Hotel Financing
Tuesday, May 02, 2023
by Jared Shupe

The Madison Group (TMG), a leading national lending source of hospitality financing, arranged a $1,650,000 loan to purchase an inn in Oregon.

The borrower had unique financing goals and required a non-recourse structure to close the transaction.  The Madison Group sourced a regional bank to finance the deal, worked closely with borrower and bank to close under tight closing timelines. 


Property: Hospitality

Location: Oregon

Loan Amount: $1,650,000

Interest Rate: 5 YR. TCM + 2.75%; 6.50% at Closing

Terms: 5 year maturity; 6 mos. I/O

LTC: 52%

Amortization: 25 years

Prepayment:  5, 4, 3, 2, 1

Guarantee: Non-Recourse

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