Investment Summary

CHANDLER HOTEL PORTFOLIO

Realized

Property Type
Hospitality
Chandler, AZ
Location
Mezzanine
Loan Type
Acquisition
Loan Purpose
September 2014
Closing Date
Realized
September 2021

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.