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 First American Realty Associates Arranges $12 million Hilton Garden Inn Cons ... 
 
 
 
First American Realty Associates Arranges $12 million Hilton Garden Inn Construction Financing
 
Date : Thu, 24 Aug 2006 13:32:00 GMT
Source : Hospitality Net: News
Copyright : Copyright 1995-2008 Hsyndicate.com
Link : http://www.hospitalitynet.org/news/154000320/
4028649.html

DALLAS, TX | First American Realty Associates, LLC has finalized a $12,000,000 construction/mini-perm loan on the to-be-built 126-room Hilton Garden Inn & Conference Center in Lynchburg, Virginia. The 80% loan-to-cost financing program is interest-only during the first half of the 5-year term. The Hilton-franchised Lynchburg property is the 508th hotel financed by First American Realty and is scheduled to open as the 429th in the Hilton Garden Inn network.
 
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