Louisiana Hotel Portfolio

Location: Slidell, LA
Type: Hospitality
Price: $ 9,000,000

The Louisiana Hotel Portfolio is comprised of two Holiday Inn flagged hotel properties, the Holiday Inn Slidell in Slidell , LA and Holiday Inn Opelousas in Opelousas, LA. The Holiday Inn Slidell is a 91-key hotel and the Holiday Inn Opelousas is a 75-key hotel. Both properties were developed by the borrower and recently renovated in2011. SMC’s $9,000,000 first mortgage loan refinanced existing debt of $8,000,000.