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Hunter secures $31.5 million for three hotels

The hotels, in Texas and South Carolina, are owned by Pacific Pearl, White Dove and Durga Hotels

Hunter Hotel Advisors financing deal for Home2 Suites El Paso in 2025

Hunter Hotel Advisors secured financing for three hotels. Clockwise from left are Home2 Suites El Paso Airport in El Paso, Texas; Fairfield Inn Columbia Northwest/Harbison in Columbia, South Carolina; and Hampton Inn & Suites Houston Medical Center NRG Park in Houston.

How Hunter Hotel Advisors Secured $31.47M for 3 Hotels in 2025

HUNTER HOTEL ADVISORS secured $31.47 million in financing for three hotels. Adeel Amin, Hunter’s senior vice president of capital markets, executed the transactions on behalf of the firm.

The financing for each property, according to Hunter, includes $14.37 million for Home2 Suites El Paso Airport in El Paso, Texas; $12.82 million for Hampton Inn & Suites Houston Medical Center NRG Park in Houston; and $4.28 million for Fairfield Inn Columbia Northwest/Harbison in Columbia, South Carolina. The properties are owned by companies including White Dove Investments, and Durga Hotels, led by Ricky Patel as managing partner, respectively.


“The Home2 Suites property provides a notable data point for the non-recourse market,” said Amin. “The deal, characterized by a 12 percent debt yield, secured a ~68 percent loan-to-cost ratio with a 314-basis-point spread over 5-year Treasuries. This level of financing, inclusive of a PIP, was corroborated by multiple CMBS lender offers, signaling robust market demand.”

The financing includes SBA 7(a) and 504 loans.

“The development indicates a loosening of non-recourse lending standards, with lenders showing increased appetite for leverage while still offering competitive rates,” Amin said.

Teague Hunter, Hunter’s president and CEO, acknowledged the growing challenges in securing debt but emphasized the firm’s ability to deliver tailored financial solutions.

“Despite prevailing market headwinds, senior vice presidents Adeel Amin and Charlie Ryan are consistently providing innovative structures to meet client needs,” he said.

Hunter’s capital markets team focuses on financing solutions, including debt, equity placements, and subordinate financing. In March, Hunter secured $60.2 million in financing for seven hotels, with individual loans ranging from $5.73 million to $12.8 million and leverage up to 85 percent.

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