This was an SBA 7a purchase loan that was used for the acquisition of a Best Western property.  The challenge on this deal was that we had a buyer with very limited industry experience.  Additionally, the seller needed us to close on this transaction as soon as possible.  We were able to secure financing for the buyer and close the deal in under 60 days.

Client Comments:

“I had the pleasure of working with Shawn on this Best Western Plus deal located in Indiana. Shawn was very professional and knowledgeable in not only his field in lending but in the hospitality market as a whole. Additionally, he was prompt in addressing all issues and tasks that were both required to close the deal efficiently. I look forward to working with him on more deals in the future.”

Justin Westad, Marcus & Millichap Associate