Alternative lender 3650 REIT has provided $38 million of financing against the 162-room Thompson San Antonio – Riverwalk Hotel in San Antonio. The loan, with a 30-month term and two six-month extension options, was arranged by Hodges Ward Elliott, and allowed the property’s developer, DC Partners of Houston, to retire construction financing. The 20-story property was […]

The post 3650 REIT Lends $38Mln Against Recently Opened Hotel in San Antonio appeared first on Commercial Real Estate Direct.