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  • $11,000,000

$11,000,000

Robb Capital Facilitates $11 Million Financing for Hotel Indigo El Paso Downtown

Date: On July 27th, 2017, Robb Capital proudly announced the successful arrangement of financing in the amount of $11,000,000 for Hotel Indigo El Paso Downtown, a newly constructed 119-room hotel situated in the vibrant heart of Downtown El Paso, Texas.

Property Details:

– Property Name: Hotel Indigo El Paso Downtown

Loan Amount: The financing deal secures $11,000,000, providing essential support for this newly constructed hotel.

– Description: Hotel Indigo El Paso Downtown is a recently completed establishment, offering 119 inviting and well-appointed guest rooms. It’s strategically located in the heart of Downtown El Paso, Texas, ensuring accessibility to the city’s vibrant culture and amenities.

– Number of Rooms: The hotel features 119 thoughtfully designed rooms, providing comfortable and modern accommodations.

– Street Address: The property’s address is 325 N. Kansas Street, a prime location in the heart of Downtown El Paso.

– City & State: Situated in El Paso, TX, 79901, this location offers a vibrant and accessible spot for visitors to explore the city.

Loan Details:

– Amortization: The financing package includes a favorable 30-year amortization schedule, enhancing the property’s financial structure and allowing for manageable and sustainable repayments.

– Term: With a non-recourse 10-year term, this financing arrangement aligns well with the borrower’s specific needs and financial goals.

– Interest Rate: The financing deal features a competitive interest rate set at 4.71%, ensuring stable and favorable terms.

Robb Capital is honored to have played a key role in facilitating this $11 million financing arrangement for Hotel Indigo El Paso Downtown. This financing supports the hotel’s continued success and its pivotal role in enhancing the experience of visitors exploring the vibrant culture and amenities of Downtown El Paso, Texas.