Home2 Suites Lubbock

Location: Lubbock, TX
Type: Hospitality
Price: $8,600,000

SMC has provided an $8,600,000 loan for the refinance of Home2 Suites Lubbock, which is located in Lubbock, TX. The property is a 100-room extended-stay hotel built in 2015. The hotel consists of a 4-story building with an outdoor pool and lounge area, a putting green, a fitness center, a 24-hour business center, 1,080 sf of meeting space, a 24-hour Market Pantry, and a breakfast area. The hotel had an overall occupancy of 73.8% for the trailing 12-month period.