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re-positioning-a-limited-service-hotel-for-success-in-a-tertiary-market

The Problem: Borrower is a single location hotel owner and owns a 58-room limited service hotel property in the Austin-Round Rock, TX Metro market. The Borrower is comprised of 5 partners, all of whom are savvy business owners who, in addition to owning the hotel property, have full time jobs and are extremely successful. The Borrower needs to secure funds to finance the property improvement plan required by the Franchisor. Despite the Borrower’s business acumen, certain ch...