Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC

Spirides Hospitality Finance Company arranges mortgages and loans for any type of capital project for hotel and restaurant owners located across the United States. Spirides Hospitality Finance Company, 100 S Ashley Dr, Ste 600, Tampa, FL (2019)

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TAMPA, FL-Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $5 million construction to permanent first priority mortgage loan from a southeast U.S. headquartered bank to finance the development of a new Radisson Park Inn in Florence, South Carolina. This soon to be built Radisson Park Inn will be a limited-service hotel featuring 60 guest rooms and.

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Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC – TAMPA, FL – Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $5 million construction to permanent first priority mortgage loan from a southeast U.S.. Registration Information | Western Connecticut State.

Spirides Arranges $5 Million Hotel Construction Loan for New Holiday Inn Express in Latta, SC 6 July 2018 TAMPA, FL – Spirides Hospitality Finance Company has successfully arranged, and its client has closed on a $5 million construction and permanent loan from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn.

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TAMPA, FL-Spirides Hospitality Finance Company has successfully arranged, and its client has closed on a $5 million senior loan facility from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn Express in Latta, South Carolina. This soon to be built Holiday Inn Express will feature 68 guest rooms and suites in one 4-story building situated on 4 acres of land.

Those who are not sure if they are ready to buy a home may want to get pre.Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC – TAMPA, FL – Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $5 million construction to permanent first priority mortgage loan from a.

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.

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