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CHANDLER HOTEL PORTFOLIO

Chandler, AZ

Property Type
Loan Type
Loan Purpose
Closing Date
Hospitality
Mezzanine
Acquisition
September 2014

Realized

September 2021
Loan Amount
$4,900,000

About

The Chandler Hotel Portfolio consists of a 153-key, limited service Hampton Inn & Suites hotel and a 133-key, extended stay Homewood Suites, both constructed in 2009. Located in the Southeast Phoenix suburb of Chandler, the hotels have combined over 300 SF of meeting space, an outdoor pool and are located proximate to the Chandler Fashion Center, the second largest mall in the state. The properties are near the Silicon Desert area of Chandler, where Intel has an established campus with semiconductor manufacturing facilities.

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