HOUSTON, TX, November 11, 2024:
HVS Brokerage & Advisory announces the sale and financing of the 72-key
Holiday Inn Express & Suites Houston Northwest Tomball Area, located at 14055 Park Drive, Tomball, Texas 77377.
The 2015-built property was purchased by Mickle & Lucky Estates LLC, based in Anaheim, California, from PH Lodging Tomball LLC, based in Tampa, Florida.
The financing was structured with an SBA 7(a) and pari-passu loan at 70.0% loan-to-value (LTV) through an active lender that has a strong relationship with the HVS Brokerage & Advisory team.
Harish Dani, Principal of PH Lodging Tomball LLC, commented,
“I appreciate the HVS team’s commitment to help me sell my last Houston hotel…
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