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February 12, 2024

Cornovus Capital arranges a $1.8MM Hotel Refinance and PIP.

Nashville, TN - Mario Grk, Originations Leader of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged a $1.8MM refinance of existing debt, and property improvement plan to complete renovations needed to achieve a branded flag. The financing was structured with a 25-year term with a fully amortizing loan schedule. For more than 25 years, Cornovus...

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May 12, 2023

Cornovus Capital Arranges $8.3MM Hampton Inn Hotel Construction Loan

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...

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March 10, 2023

Cornovus Capital Arranges Acquisition Financing for an Independent Boutique Hote...

INDIANAPOLIS – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged acquisition financing for an independent boutique hotel. 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, Cornovus Capital, has arranged tran...

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December 5, 2022

Cornovus Capital arranges $3.9MM Comfort Inn & Suites refinance.

CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged $3.9 million refinance for a Comfort Inn & Suites, 100-room, three story hotel property. The transaction was structured with an interest only period, then converting to an amortizing loan structure. Cornovus arranged financing for the borrower through...

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October 15, 2022

Cornovus Capital arranges $4.25MM boutique hotel and restaurant construction loa...

15 Oct Cornovus Capital arranges $4.25MM boutique hotel and restaurant construction loan CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged construction loan financing of $4.25MM for a Boutique Hotel, 25-rooms, 225 seat upscale restaurant, and meeting space. The transaction was structured with an ...

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August 27, 2022

Cornovus Capital arranges $1.8MM to finance hotel renovation and brand transitio...

  PHOTOS COURTESY OF RED ROOF INN. Gerard “Jerry” Dehner, Managing Partner of Cornovus Capital, arranged $1.8MM in financing for a 25,000-square-foot former Knights Inn Dayton, Ohio to undergo extensive renovations and become part of the Red Roof Inn brand. Following the renovation, the hotel will feature upgrades to its 76 guest rooms, lobby, common spaces, parking lot, and exterior fa...

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