CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged $4.2 million refinance for a Comfort Inn & Suites, 100-room, three story hotel property. The transaction was structured as an SBA 7a loan, with a 25-year fully amortizing loan schedule. For more than 25 years, Gerard Dehner, Managing Partner, Corno...
Read MoreCornovus Capital has added a location and collocated with the newly built out offices of Lee & Associates RICORE Commercial Real Estate Services. The location features 20,000 square feet, houses Lee & Associates RICORE a franchisee of Lee & Associates, a rapidly expanding commercial real estate franchisor with over 150 independently owned and operated brokerage and property Management offices ...
Read MoreHere are three great reasons to consider refinancing your current loan or using the SBA 7(a) for your next acquisition. Cornovus Capital can connect you with the SBA lender most interested in your kind of work. Not every SBA lender will say “yes” to every kind of loan, which is why you want to talk with the experts at Cornovus Capital. Reason #1 Borrowers who take out new 7(a) loa...
Read MoreWorking via Gerard “Jerry” Dehner, Managing Partner of Cornovus Capital, the OmSai Ram Investment Group has acquired tenant improvement, FF&E, interest carry, and working capital financing necessary for the build-out of a new Burgerim Franchise. A Cincinnati-based commercial real estate and business finance advisory firm, Cornovus Capital advised and arranged a SBA 7(a) loan facility, which...
Read MoreGerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, arranged $1.6 million in acquisition funds for a 115-room, three-story Super 8 Hotel. The hotel, which had experienced decreasing revenues, was acquired as a value-add and underwritten based on projected revenues and ownership turnaround experience. Cornovus Capital...
Read MoreIt’s not unusual for owners to partner with family members on an industrial, hotel or office-based business. In fact, many of our commercial real estate borrowers rely on help from parents, cousins, siblings and in-laws. It seems logical to entrust your business to those closest to you, and when it works, it’s an amazing way to build toward a successful future. But when it doesn’t work, t...
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