Monday, April 21, 2025

Industry | 2021.10.06

TMC Financing Helped the Owners of TownePlace Suites Natomas Navigate Challenging Environment to Finance New, 119-room Hotel Near Sacramento International Airport

Financing for the hotel industry is tricky, but financing for TownePlace Suites by Marriott Sacramento was a “doozy” according to Bruce Whitaker, Senior Vice President, TMC Financing. “SBA 504 enables a lot of upward mobility, especially among minorities,” said Fagundo. “I'm a first-generation Cuban. My parents worked very hard, so I got a good head start, but I would not have been able to do this project if it weren't for the 504 program.”

(PRWeb October 06, 2021)

Read the full story at https://www.prweb.com/releases/tmc_financing_helped_the_owners_of_towneplace_suites_natomas_navigate_challenging_environment_to_finance_new_119_room_hotel_near_sacramento_international_airport/prweb18245088.htm

 

For more information, please visit
https://www.prweb.com/releases/tmc_finan[...]onal_airport/prweb18245088.htm

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