Juniper is pleased to announce the closing of construction financing on a 91-key Cambria branded hotel in Spokane. The borrower, an experienced hotelier, had already funded a significant portion of the construction. The subject loan will bring the project to completion and stabilization. While banks have continued to pull back on new construction lending, Juniper remains a solution-oriented alternative for our clients.
Loan Type: Construction
Property: Commercial
Loan Amount: $7,100,000.00
Region: Eastern Washington
Year: 2023
