PMZ Realty Capital LLC, a national boutique real estate investment banking firm, has arranged a $14.5M loan for the Holiday Inn Express & Suites Halton City – Fort Worth. The borrower will use the proceeds to refinance a high-interest-rate construction loan, securing more favorable financing terms through a private capital provider.
“This transaction demonstrates our ability to secure competitive financing solutions for well-located hotels even with no operating history given that this hotel opened in the fourth quarter of 2024,” said Peter Berk, president, PMZ Realty Capital LLC – Hotel Finance Group. “The Holiday Inn Express & Suites Haltom City-Fort Worth has strong demand drivers and sponsorship, making it a good investment for lenders despite the lack of operating of history.”
The 125-room hotel, which opened in October 2024, features complimentary hot breakfast, a 24-hour business and fitness centers, an outdoor pool and 3,000 sq. ft. of indoor and outdoor meeting space.
The property is close to the Dallas-Fort Worth metroplex, offering access to key business and leisure destinations. It is near several corporate offices, including Coca-Cola, Amazon, Tyson and Bell Textron, as well as Dallas Fort Worth International Airport and Fort Worth Meacham Airport. Nearby attractions include the Historic Fort Worth Stockyards, Texas Motor Speedway, AT&T Stadium and Six Flags Over Texas.