Forman Capital Provides $20.5M Bridge Loan For Hotel Indigo Huntsville MidCity Construction Refinancing

Written By Marina Parrish

a newly completed 112-key Hotel Indigo situated at 940 Nunnuhsae Park Drive Northwest in the Huntsville, AL market. The bridge loan designed to refinance construction debt amounts to $20,500,000.

Summary of transaction details:

  • Property Type: Hotel

  • Transaction Amount: $20,500,000

  • Lender: Forman Capital

  • Loan Type: Bridge

Forman Capital facilitated the bridge loan for the purpose of refinancing the construction debt for the Hotel Indigo Huntsville – MidCity, which is anticipated to open in the coming weeks. according to Traded.co

Marina Parrish

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