HOLIDAY INN & SUITES PHOENIX RECEIVES $9.3M LOAN
PHOENIX – The 114-room Holiday Inn & Suites Phoenix has received a $9.3-million loan. The select-service hotel is located two miles south of the Phoenix Sky Harbor Airport and two miles west of Arizona State University. It opened in 2010. The non-recourse, fixed-rate, CMBS first-mortgage loan was secured by KeyBank Real Estate Capital.