Holiday Inn Express Chalmette

Location: Chalmette, LA
Type: Hospitality
Price: $6,200,000

Starwood Mortgage Capital provided a $6,200,000 loan to facilitate the 78-room limited service Holiday Inn Express. The Property is located in the middle of the St. Bernard Parish, which is known for a number of annual festivals. The neighborhood is characterized by restaurants, office buildings, and retail shopping centers and is approximately 6 miles east of the New Orleans CBD.