HVS Capital Corp (HVSCC) announced the successful arrangement of permanent financing for the Casa de Palmas Renaissance Hotel in McAllen, Texas. HVSCC served as the exclusive financial advisor to the owner of the historic first-class hotel. The 165-room hotel is strategically located in Central McAllen, in the heart of the Rio Grande Valley. The hotel is proximate to numerous demand generators, including the McAllen International Airport, McAllen Convention Center, and the La Plaza Mall.
“This exceptional full-service property enjoys excellent competitive positioning in a diverse market comprising medical, manufacturing and trade related demand,” explains Bill Sipple, Executive Managing Director of HVS Capital Corp. “Strong ownership and effective management allowed us to arrange long-term fixed rate financing on very attractive terms,” he added.
For more information please contact:
William G. Sipple
HVS Capital Corp
Office: + 1 303 512-1226