Recent Deals
» $1,190,000 Helps HoJo Owners in Spokane to Buy Out a Partner Quickly and Efficiently
Property Description:
Howard Johnson Inn North, Spokane, WA, welcoming guests for more than 30 years.
Howard Johnson Inn North, about a 2.5 miles north of Spokane. Sandra and Dean had been operating the hotel for more than three decades. They wanted to buy out a financial partner and needed to close quickly. They turned to Margie, a commercial broker to find a lender who could perform in a timely manner.
Sandra noted, “We’d been trying to complete the buy-out since May. We worked with another broker, before being referred to Margie. Margie brought us right to Avatar, who closed the loan very fast. The closing took place on October 27 and we had the money in our accounts and the deal sealed by the following Tuesday. Now we’re full owners of our hotel and we couldn’t be more pleased.”
