15 Jul Cornovus Capital arranges $4.25 million 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 $4.25 million for a Boutique Hotel, 25-rooms, 225 seat upscale restaurant, and meeting space. The transaction was structured with an 18-month construction term, converting to a 5-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