The terms of the hotel construction financing arranged by Spirides for this new Holiday Inn Express development project include a 78-percent loan-to-cost ratio, an interest rate of U.S. prime rate plus 1.75 percent, a 12-month interest-only period through the construction phase and a 25-year term with a 25-year amortization.
http://www.hospitalitynet.org/news/154000320/4082080.html http://www.hospitalitynet.org/news/154000320/4082080.html Fri, 07 Apr 2017 16:47:31 +0200 TAMPA, FL.
Buffalo, NY – March 2, 2015- Lori Tirado and John Svec, Managing Directors of the Largo Hospitality Finance Group, secured $31 million in financing for six hotel properties located throughout the U.S. Lori Tirado, Managing Director of the Largo Hospitality Finance Group, arranged permanent financing in the amount of $15 million to refinance the existing debt on four limited service flagged.
Hampton Inn Laurinburg, NC features 50 guest rooms with an interior corridor in one 3-story building and is situated on 6 acres of land. The hotel is located just off of Interstate 74 at 115.
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TAMPA, FL-Spirides Hospitality Finance Company has successfully arranged, and its client has closed on a $2.33 million debt refinancing with a permanent loan from a southeast U.S. headquartered lender to refinance existing debt for the Hampton Inn by Hilton in Laurinburg, North carolina. hampton inn Laurinburg, NC features 50 guest rooms with an interior corridor in one 3-story building and.
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spirides arranges .5m construction loan for S.C. Tru by Hilton hotel. Spirides Hospitality Finance Company has successfully arranged and its client has closed on a $7.5-million senior loan facility to finance the. The soon to be built five-story Tru by Hilton hotel will feature 98.
Spirides Arranges $2.33 Million Hotel Debt Refinancing for Hilton Hampton Inn Laurinburg, NC. north carolina | I-74 | 74. The hotel is located just off of Interstate 74 at 115 Hampton Circle, Laurinburg, Scotland County, North Carolina. It is located one mile from St. Andrews College and is near.
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Spirides Arranges $2.33 Million Hotel Debt Refinancing for Hilton Hampton Inn Laurinburg, NC. September 4, 2018 8:29 pm.. The financing arranged by Spirides for Hampton Inn Laurinburg includes paying off a floating interest rate loan and replacing it with a fixed interest rate loan at a 52%.