Hotel Refinance
Property Type: Retail
Client Overview
Referred through a long-standing relationship with a regional bank, MacKenzie Capital, LLC was brought in to assist a Maryland-based hotel franchisee with refinancing a 200 room airport hotel located in Florida. As part of the franchisee’s license renewal, the project would be required to undergo a significant redevelopment to meet the franchisor product improvement plan enhancements.
Approach and Results
MacKenzie Capital, LLC stepped into to provide the franchisee assistance with securing a long-term, fixed-rate financing deal that provided the significant capital needed to meet the renovation and licensing terms for the hotel.
Services Provided
- Renovation Financing