$4,500,000 bridge loan secured by a 116-key un-flagged hotel known as the Nichols Village Hotel & Spa located in Clarks Summit, PA. The loan was used to purchase the land at a discount out of foreclosure. The property consists of four buildings on 6.05 acres of land with the 116-key hotel, a restaurant, breakfast dining area, meeting space, fitness room/pool, and a laundry facility being found within the property.
