We love hearing the success stories of our clients. After all, their success is our success. Last week one client called to personally thank me again for work on two loans I arranged for him. His loan search started with a need to renovate his Holiday Inn Express to the Formula Blue PIP package. This […]
Read More
513 Capital, a Cincinnati based finance intermediary, is pleased to announce the funding of an acquisition loan for a Cincinnati located independent hotel. The loan facility was arranged through an east coast SBA Lender. 513 Capital was able to arrange the financing for an owner-operator using the 7a program to support the transaction. The loan […]
Read More
513 Capital, a Cincinnati based finance intermediary, is pleased to announce the funding of an $2.75MM acquisition bridge loan for a 440k rsqft office complex in Lansing, MI. The loan facility was arranged through a private investor and went from term sheet to closing in 4 business days. 513 Capital was able to arrange the […]
Read More
513 Capital, a Cincinnati based finance intermediary, is pleased to announce the funding of an acquisition loan for a Texas located Fairfield Inn and Suites by Marriott. The loan facility supported the acquisition price and a substantial property improvement plan (PIP) made for an experienced buying group. 513 Capital was able to arrange financing through […]
Read More
513 Capital, a commercial real estate advisory firm is pleased to announce the closing of a $1,139,000 acquisition and PIP loan for a 74-key Super 8 hotel. 513 advised and arranged a bank loan facility which featured a fully amortizing 25 year term and $200,000 in working capital and renovation funding. The loan pricing was […]
Read More
513 Capital, a real estate advisory firm is pleased to announce the closing of a $10,000,000 credit facility for a residential fix-and-flip investor. The credit facility will allow the investor to execute their market expansion plans, refinance part of their existing portfolio and provide capital of up to 85% of cost for each property purchased. […]
Read More
513 Capital, is pleased to announce the closing of a $10,625,000 hotel acquisition and renovation loan for a 150-key Full Service Courtyard by Marriott. The hotel was acquired by an experienced ownership group who will implement an extensive property improvement plan in order to bring the hotel up to the highest brand standards. 513 Capital […]
Read More
John Love is please to announce the closing of a $2,000,000 refinance for a 59-key Hampton Inn. John advised and arranged a conventional loan, featuring 3.25% interest rate, 5 year fixed, amortized over 15-years. 513 Capital arranges capital through a broad range of sources from hedge funds, life companies, CMBS, private investors, SBA, to regional […]
Read More
513 Capital, a commercial real estate advisory firm is pleased to announce the closing of a PIP renovation loan. The subject property was a 2-story exterior corridor limited service Motel 6. Daniel Redlinger advised and arranged a fully amortizing bank loan facility, provided the capital necessary to complete the complete renovation of the hotel. Daniel […]
Read More
Daniel Redlinger is pleased to announce the closing of a $4,500,000 SBA refinance loan for a limited service, 71-key, interior corridor, Holiday Inn Express hotel. The loan refinanced existing debt and provided ownership with all renovation capital necessary to perform IHG’s Formula Blue PIP. We worked with ownership through the entire process, advised and arranged […]
Read More