Oceanfront Hotel, Puerto Rico
Closed October 2016
MBA Capital Funding arranged the SBA 504 loan and the first mortgage on the hotel. Lynda Drehmer worked hard to secure this loan in the territory of Puerto Rico and there were additional challenges which took perseverance in order to bring this deal to closing. . .
Comfort Suites, Elkton, MD
Closed September 26, 2013
Lynda Drehmer, Capital Markets Advisor for MBA Capital Funding, successfully arranged the financing for the borrower in a partner buyout of the Comfort Suites, Elkton, MD. The borrower had tried to get a loan on his own, but after several months of applying to various lenders, was not successful and was approaching the maturity date of his current loan....
Quality Inn, Meadville, PA
Closed October 7, 2013
MBA Capital Funding’s Lynda Drehmer secured financing for the acquisition of the Quality Inn, Meadville, Pennsylvania. Lynda Drehmer created competition among different lenders to generate the best deal for the borrower.
Holiday Inn Express and Suites, Limerick, PA
Closed November 1, 2012
MBA Capital Funding secured financing for the buyer of the Holiday Inn Express and Suites in Limerick, Pennsylvania. Even though the buyer was not a U.S. citizen, Lynda Drehmer, Capital Markets Advisor, still secured an SBA loan and pari passu loan for the acquisition.
Days Inn, Orange, TX
Closed august 2012
MBA Capital Funding secured financing for the buyer of the Days Inn in Orange, Texas. Although the hotel was 35 years old, exterior corridor, and this was the borrower’s first hotel purchase, Lynda Drehmer, Capital Markets Advisor, still secured an SBA loan for the acquisition.
Holiday Inn Express, Seaford, DE
Closed November 2011
MBA Capital Funding secured a loan for the buyer of the 81-key, newly renovated Holiday Inn Express in Seaford, DE. Although revenue was high and the hotel was beautiful, the sellers were losing money due to high debt and high expenses. These factors made the deal difficult to get financed.
Country Inn & Suites, Linthicum, MD
Closed January 2012
MBA Capital Funding arranged financing of $6,600,000 for the purchase of the Country Inn & Suites in Linthicum, Maryland. The final sale price of the hotel was $8,500,000. The deal was arranged by Lynda Drehmer of MBA Capital Funding using a SBA 504 loan structure.
“I was very happy to have this loan close that allowed me to buy the quality inn. Lynda and the MBA team kept working right through closing to get some lender concessions needed to make the deal happen. Thanks to them, it closed.”
--AJ Patel, Borrower