July
31, 2013 HLV International Consultants LLC
is pleased to announce that one of its lending
partners just funded a $12.65 million
acquisition and renovation bridge loan secured
by a first mortgage on a shuttered office
building. The office building, in the heart of
Houston's Central Business District, will be
converted into a 209-key state of the art
Holiday Inn hotel.
The lender said, "We are happy to back
an up and coming developer whose vision will
create material value and enhance the Downtown
Houston hotel selection."
The lender is a national balance sheet provider
of capital solutions, involving both debt and
equity, that has closed in excess of $600
million in real estate investments over the last
18 months. The lender looks to hit the $1
billion dollar mark in 2013. The Lender's core
belief is that real estate ownership and real
estate financing should work together as a
partnership. By working together, the
lender shares each and every client's
vision of creating innovative financial
solutions.
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