DALLAS, Texas—JLL Capital Markets introduced that it secured acquisition financing for the Home2 Suites Fort Value Cultural District, a 162-key extended-stay lodge in Fort Value, Texas. JLL labored on behalf of the borrower, a three way partnership between Advert Astra Capital and TMGOC Ventures, to safe financing by way of Inwood Nationwide Financial institution.
The Home2 Suites advantages from its location in Fort Value’s Cultural District, which has museums, various eating choices, and Dickies Enviornment. Main space facilities inside three miles embrace West seventh Road’s leisure hall, downtown Fort Value, the Fort Value Botanic Backyard, Fort Value Zoo, Texas Christian College, Colonial Nation Membership, Fort Value’s Medical District, and the Fort Value Stockyards.
Property Particulars
The four-story, wood-framed property was constructed in 2020. The lodge presents a spread of facilities, together with a complimentary each day breakfast, a 630-square-foot assembly house, an out of doors pool with a lounging space, a 24-hour health middle, and pc entry. A structured parking storage offers 162 areas for lodge company. An extra 20 devoted coated areas serve the property’s ground-floor retail house.
Lexima Lodging, a Wichita, Kansas-based lodge administration firm, serves because the third-party operator for the asset.
The JLL Capital Markets crew was led by Senior Director John Bauman, Director Scott Dickey, Affiliate Jordan Buck, and Analyst Charlie Mossy.
