Edgewood Capital Advisors closed a $7,650,000 bridge loan to refinance a 78-key Fairfield Inn & Suites in Waxahachie, Texas, originally built in 2017. The financing enabled the sponsor to refinance existing debt while providing additional time to market and sell the property, which has already generated multiple letters of intent above the loan basis. This transaction highlights Edgewood’s continued focus in the $2MM–$40MM bridge lending space, supporting value-add and transitional hospitality assets nationwide with flexible capital solutions.
