Arriba Capital Arranges Construction Loan for Marriott Hotel in Knoxville, Tennessee
Knoxville, Tennessee—Arriba Capital announced that it recently arranged a $47,000,000 senior construction loan for the ground-up development of a 175-key Moxy by Marriott in downtown Knoxville, Tennessee. The loan represents approximately 77 percent of total project cost and was provided by a national lender experienced in hospitality assets. Arriba Capital served as the exclusive financial advisor for the transaction. Slated to open in 2028, the seven-story hotel will be at the entrance to Knoxville’s Old […]
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