Center 60 Hospitality sourced Access Point Financial to secure a $450,000 loan to finance the hotel's furniture, fixtures, and equipment as part of the construction and opening of the hotel. The borrower approached Access Point Financial for the loan due to the company's flexibility with regard to the terms of the transaction, as well as its ability to work alongside Lincoln Hotel Group's initial mortgage lender.
The 120-room hotel opened its doors August 2020, and is managed by Lincoln Hotel Group.
"We are excited and honored to work alongside Center 60 Hospitality as they completed the construction of the Aloft Omaha Aksarben Village," said Lori Tirado, Managing Director of Business Development at Access Point Financial. "Located in the rapidly growing Village Pointe area of Omaha, the property has quickly become an important gem for the city."
Part of the Marriott family, the Aloft Omaha Aksarben Village, features techy amenities, such as a digital scrolling news ticker tapes; four-panel video walls; keyless room entry; charging stations for cars; and billiards and ping-pong tables in the lobby to spark interaction. A robotic butler is expected in the future.
For more information on Access Point Financial's comprehensive portfolio of hospitality-focused financial services, please visit www.accesspointfinancial.com.
Founded in 2011, Atlanta-based Access Point Financial, LLC (APF) is a direct hospitality lender that provides financing to qualified hoteliers throughout the United States. APF's loan programs are flexible and are typically used for refinance, acquisition, construction take-out, renovations or brand-mandated PIPs, and value-add transactions, such as asset repositioning, hotel conversions and ground up construction. APF's programs are designed specifically for the hospitality industry and offer a competitive alternative to traditional bank financing. APF understands the complexities of the industry and are uniquely positioned to customize its loan programs to meet the needs of its clients even during periods of volatility. For more information, please visit www.accesspointfinancial.com.
For more information about Access Point Financial, LLC, visit accesspointfinancial.com