May 12, 2023

Cornovus Capital Arranges $8.3MM Hampton Inn Hotel Construction Loan

Posted in closed-transactions, business-financing, cmbs-financing, non-recourse-financing, hotel-finance, by Gerard Dehner

CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged construction loan financing of $8.3 million for a Hampton Inn & Suites, 85-room, four-story hotel property. The transaction was structured with an 18-month construction term, converting to a 10-year term on a 25-year amortization schedule.

For more than 25 years, Gerard Dehner, Managing Partner, Cornovus Capital, has arranged transaction financing for commercial real estate and business owners across the country. We work with established, long-term relationships, including Debt Funds, SBA, CMBS, Life Insurance Companies, Hedge Funds, Private Capital, Regional and National Banks. Cornovus Capital focuses on debt placement for improved commercial real estate properties, with a specialization in multifamily reposition, hospitality properties, and business finance transactions nationwide. ​

For more information contact Jerry Dehner, Managing Partner at 513-792-2727 or visit: www.CornovusCapital.com

Tags: commercial-construction-loans, construction-loans, finance-commercial-construction, finance-my-hotel, hotel-acquisition, hotel-construction-loan, hotel-finance, hotel-pip-financing, hotel-refinance, owner-occupied-business-finance,