$1,400,000 Conventional Loan Motel Refinance
513 Capital, a Cincinnati based finance intermediary, is pleased to announce the closing of a $1.4MM conventional refinance loan for a Microtel Inn and Suites in Dayton, Ohio. 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 […]
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