Author: elkelamothe9

Hospitality Funding Arranges $60M Construction Loan for 212-Room Austin Cambria

 Hospitality Funding, Inc in partnership with SRF Ventures is pleased to announce the closing of a $60M construction loan for a new Cambria Hotel in downtown Austin, TX. This will be the fourth Cambria property with franchise partner Stratus Development Partners, LLC, with the hotel scheduled to open in 2023. Located in a superb downtown location in the State’s Capital, the fifteen-story, 212-room Cambria property is within walking distance of Rainey Street, the Austin Convention Center, and the University of Texas. The Capital is located along the Colorado River and often referred to Silicon Hills due to the strong presence ... Read more