The Courtyard by Marriott is a three story hotel with 155 rooms which was built in 1996 and is located on 3.6 acres of land. The Courtyard is one of the few near full-service hotels in the area and offers a restaurant and lounge, 1,200 square feet of meeting space, an indoor pool, whirlpool and exercise room. The hotel offers a mix of rooms including six suites, 96 standard king rooms and 55 double rooms. It is located at 3050 NW Stucki Place in Hillsboro , Washington County, Oregon . The hotel is well located near many high-technology firms located in an area known as the “ Silicon Forest ” as well as a short distance from the Transbourne Center , a major regional shopping mall offering a wide selection of shops and restaurants.
Suburban provided a first mortgage loan to the borrower for the refinance of the property. The loan was a fixed-rate mortgage having a 10-year maturity with a 25-year amortization, and was priced at a fixed interest rate spread over the 10-Year U.S. Treasury Bond Index.
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