Author - dredlinger

$8,144,000 Hotel Acquisition and PIP Loan Closed

March 6, 2024
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $8.144MM, 80% of cost, acquisition loan for an Ohio Hotel Property.  The loan was completed with a bank partner/interim lender, and approved with a SBA 504 debenture. The borrower, who is a regional hotel owner an operator, won the property […]

Thank You SLPS of Dallas!

March 6, 2024
Categories: Uncategorized

It was a great honor and a whole lot of fun to be able to Sponsor this event in Dallas. We appreciate seeing everyone, meeting new people, and this great community. We’ll see you as a sponsor next year!

$800,000 Hotel Acquisition Loan Closed

March 6, 2024
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $800k acquisition loan for a Dayton, OH Independent Hotel purchase.  The loan featured a 25 year fully amortization, US WSJ P + 1.5% fixed interest rate, and a Loan to cost of 75%. 513 Capital was able to arrange the […]

$3,500,000 Hotel Acquisition Loan Closed

December 29, 2023
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $3.5MM acquisition loan for a St Charles, LA hotel purchase.  The loan featured a 25 year fully amortized, US WSJ P + 1.5% fixed interest rate, and a Loan to Cost of 80%. 513 Capital was able to arrange the […]

$1,000,000 Hotel Refinance Loan Closed Cuero, TX

December 29, 2023
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $1MM refinance loan for a Cuero, TX Fairbridge Inn and Suites.  The loan featured a 25 year fully amortization, and a US WSJ P + 1.5% interest rate. 513 Capital helped this client with the acquisition of the hotel last […]

$1,000,000 Franchise Leasehold Buildout Loan Closed

November 30, 2023
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $1MM, 98% of cost, leasehold buildout loan for an Ohio Human Bean Coffee Franchise.  The loan was completed with a bank partner using the SBA 7a guarantee. The borrower, who is a regional franchise, food, and property investor, was seeking […]

$5,940,000 Hotel Acquisition Loan Closed

September 5, 2023
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $5.94MM, 80% of cost, acquisition loan for an Ohio Holiday Inn Express property.  The loan was completed with a bank partner/interim lender, and approved with a SBA 504 debenture. The borrower, who is a regional hotel owner an operator, was […]

$1,900,000 Conventional Loan Refinance Econolodge Alabama

July 25, 2023
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $1.9MM conventional refinance loan for an Econolodge in Huntsville, Alabama.  The borrowers were seeking to replace floating rate SBA debt whereby the interest rate had climbed to 10% due to interest rate hikes. 513 Capital was able to arrange permanent […]

2023 Cincinnati Volleyball Golf Sponsor

July 25, 2023
Categories: Uncategorized

What an incredible weekend playing golf and enjoying friends at Glenview Golf Course in Cincinnati. We avoided some wild weather and were able to get off the tee for both days. Thanks again Cincinnati Volleyball Club and all the participants that came from all over the country. See you next year.

$3,200,000 Hotel Acquisition Loan in New Mexico Closed

June 14, 2023
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $3.2MM acquisition loan for a Las Cruces, NM Motel 6 purchase.  The loan featured a 25 year fully amortization, US WSJ P + 1.5% fixed interest rate, and a Loan to cost of 79%. 513 Capital was able to arrange […]