RESIDENCE INN & COURTYARD BY MARRIOTT
CHARLOTTE, NC | $27 MILLION
Fifteen years ago, if you had told Anuj Mittal that he would become a remarkably successful hotelier that owned multiple properties across North Carolina, he would have likely told you that you were crazy. However, that’s exactly where he finds himself today. From Anuj’s early and humble beginnings of employment in India, he worked his way up into banking and insurance jobs after moving to Canada as a young adult until finally setting his sights on the hotel industry in 2004. Since then, his journey has been filled with many twists and turns, ups and downs and successes and failures. However, Anuj’s relentless determination to learn and undeniable thirst to succeed have served him quite well.
“I’m a dreamer and a bit of a gambler,” says Anuj.
Fast forward to today, Anuj’s latest project is located just north of Uptown Charlotte, North Carolina and will be one of the tallest and most unique properties that he’s ever built. This seven story, dual-brand Marriott hotel will be conveniently located in the Harris Corners area and close to Charlotte-Douglas International Airport, making it convenient for traveling guests. As a Courtyard and Residence Inn property, this midscale hotel will be Anuj’s newest crowned jewel. Its comfortable 188 rooms, modern atmosphere and technology, energy efficient green utilities, quality amenities and incredible service model will make this new property a game changer for the local hospitality market. This property is slated to open its doors in the first quarter of 2018 when we also look forward to debuting Anuj’s full story and hotel showcase in our customer spotlight video
Live Oak Bank is excited to feature Anuj’s construction progress and continue working with him as his hotel comes to life. Our team has made several trips to the project site to collaborate with his contractor and other vendors. This level of commitment demonstrates just how different Live Oak is when compared to other banks and lenders. We take customer service to unprecedented levels. With a group of experts solely dedicated to providing financial solutions for hotel projects nationwide, we are keenly positioned to create custom loan packages that meet the specific needs of your construction projects.
“There’s no way this project gets to where it is today without my partnership with Live Oak Bank.”
As your partners, we are committed to you and your project throughout the entire process, as opposed to simply being a bank that only lends capital. Our construction specialists will consistently work with your vendors to ensure that things progress on time and on budget. “There’s no way this project gets to where it is today, if it even happens at all, without my partnership with Live Oak Bank and their team of experts. Their creative financing approach and construction support are a tremendous value to my business,” says Anuj.
Interested in starting your own hotel construction project?
See how we can help. Connect with a loan specialist today.