Lever Capital Partners secured a $20MM construction loan for the development of a 204-room, dual-branded Marriott Hotel located in Charlotte, North Carolina. The client had ongoing litigation issues with a previous hotel development which created difficulties when going out to the market.Lever managed to secure favorable loan terms from a Credit Union at approximately 74% Loan-to-cost, which was higher leverage than other banks and institutional lenders were willing to provide at the time in the market cycle.