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MEZZANINE LOAN - $60,000,000 Project
Hilton -252 Rooms
- Columbus, OH
Full Service
Mezz loan provided for successful completion of
construction project on time. |
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PORTFOLIO REFINANCE
- $25,000,000 Property Value
5 Nationally Flagged
Hotels - 600 Rooms - Ohio
Limited & Full Service
Choice Hotels, Intercontinental Hotels Group |
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INSTALLMENT SALE
REFINANCE- $6,100,000
2 Holiday Inn
Express Hotels - Missouri
Limited Service
Successful payoff of installment sale contracts. |
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1031 EXCHANGE LOAN -
$3,900,000
2 Hotels - Indiana
Baymont Inn & Suites & Independent Regional Chain
Successful 1031 blanket loan dual closing. |
|
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CONVENTIONAL LOAN -
$6,800,000 Property Value
Holiday Inn Express
- 121 Rooms - Port Clinton, OH
Limited Service
Conventional Loan - 60%LTV - Prime + 1% |
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HOTEL SBA 504
Purchase- $3,200,000
Comfort Inn - 58
Rooms - Indianapolis Metro
Limited Service
Blended SBA 504 & Conventional Loan - 90%LTV |
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PACKAGE REFINANCE
- $4,100,000
2 Independent Hotels
- 160 Rooms - Midwest
Limited Service
Dual closing double mortgage |
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HOTEL PURCHASE
MORTGAGE- $3,900,000
Best Western Hotel
-110 Rooms - Midwest
Full Service
Successful payoff of installment sale contracts. |
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PORTFOLIO DEBT
RESTRUCTURE -
$34,000,000
18 Hotels - Various
3 Year Project - Individual restructure of each hotel
Successful closings and savings. |
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