$8,144,000 Hotel Acquisition and PIP Loan Closed
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 […]
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