Fund Controlled Property Improvement Plan (PIP) Budget
The subject property is a 42,646 sq ft 95 room Motel 6, 1.5 miles down the street from the newly redone Daytona Beach International Speedway. Rodeo Capital's loan allowed the borrower to consolidate several loans and fund the renovation of the Motel 6 to bring it up to date to the latest Motel 6 design.