Milap Hotels secures $25M construction loan for 189-key, dual-branded Hampton Inn and Home2 Suites by Hilton in Antioch

7/10/2025

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Hotel Investment Today

• Subcategory: Capital Markets: Debt, Hospitality: Hotel

• Tag: Closing | New Construction

• Additional Filters-Subcategory: Capital Markets: Debt-Construction Loan, Capital Markets: Debt-Loan-C-PACE

• Additional Filters-Tags: Hospitality: Franchise

• Company: Hilton (NYSE: HLT), Nuveen

$25M loan in Tennessee. Plano, Texas-based Milap Hotels has secured a $25.45 million loan for the development of a 189-key, dual-branded Hampton Inn and Home2 Suites by Hilton in Antioch, Tennessee. The financing is structured with $15.55 million in senior debt from Mountain Commerce Bank and $9.9 million in CPACE financing provided by Nuveen. HKS Real Estate Advisors arranged the loan.