Skip to content

Search

Latest Stories

La Quinta opens in Lakeway, Texas

It is managed by Sammy Bhakta with Imbue Investments

The La Quinta by Wyndham Lakeway is now open in Lakeway, Texas. It is owned by Lodgecap Inc. and managed by Sammy Bhakta of Imbue Investments.

The 104-room new construction hotel is in a central wedding destination with access to such as Lake Travis, Hamilton Green Belt, Canyonlands Trail Network, Hill Country Galleria and multiple golf courses. It has a meeting space and a fitness center.


“[Lodgecap] and Sammay are strong partners with significant experience in the hotel industry, and we are thrilled to expand our relationship with them as we celebrate the new La Quinta by Wyndham Lakeway,” said Krishna Paliwal, president of La Quinta by Wyndham.

“It gives us great pleasure to be able to bring quality, modern lodging accommodations to the Lakeway community with the La Quinta by Wyndham brand, and we look forward to welcoming travelers to the area’s newest hotel,” said Billy Brown, the hotel’s owner.

Last week the Fairfield by Marriott Inn & Suites Camarillo opened in Camarillo, California.

More for you

Peachtree Group's Equipment Finance Hits $30M Milestone
Photo credit: iStock

Peachtree’s equipment finance hits $30M

Summary:

  • Peachtree posted nearly $30 million in equipment finance transactions in its first quarter.
  • The division was created to fill a gap as banks reduce lending to middle-market borrowers.
  • Deals covered equipment for transportation, technology and material handling.

PEACHTREE GROUP’S EQUIPMENT finance division closed $29.8 million in capital lease and fair market value transactions across multiple industries in its first full quarter following the platform’s October launch. The deals included equipment for transportation, technology and material handling.

Peachtree Equipment Finance was created to address a gap in the equipment leasing market as banks reduce exposure to middle-market borrowers, Peachtree said in a statement. It focuses on capital leases and FMV transactions structured to businesses’ operational needs.

Keep ReadingShow less