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It’s not unusual for owners to partner with family members on an industrial, hotel or office-based business. In fact, many of our commercial real estate borrowers rely on help from parents, cousins, siblings and in-laws. It seems logical to entrust your business to those closest to you, and when it works, it’s an amazing way to build toward a successful future. But when it doesn’t work, the consequences can be crippling — personally and professionally. When choosing to work with family, there’s a valuable first lesson that applies to businesses of every type: Great character doesn’t always equal great business savvy. Even if your brother-in-law has bookkeeping experience, he may not be well versed in the intricacies of your specific goals and...

Rendering of the hotel’s future lobby (above) and guest room (below). 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 near 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 façade. Renovations are expected to be completed in mid-2019 at the hotel, which is ideally situated near I-75, the University of Dayton Arena, and the Fuyao Glass America plant. Cornovus Capital arranges transaction financing for commercial real estate and business owners across the country. We maintain established, long-term relationships with partners...

Cornovus Capital has added a location and collocated with the newly built out offices of Lee & Associates RICORE Commercial Real Estate Services. The location features 20,000 square feet, houses Lee & Associates RICORE a franchisee of Lee & Associates, a rapidly expanding commercial real estate franchisor with over 150 independently owned and operated brokerage and property Management offices throughout the United States & Canada; Lee & Associates Cincinnati Property Management a regional provider of commercial property management services, managing a portfolio of over 8.1 million square feet of office, industrial, and retail assets in the Greater Cincinnati and greater Columbus, Ohio, Northern Kentucky and Indianapolis Indiana. Lee & Associates Cincinnati has provided commercial real estate owners and investors with professional management services since 2001 and is...

CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged construction loan financing for a Cincinnati, Ohio based Periodontics Practice. The transaction was structured as an SBA 7a loan, 10-year term, 12-month interest only period followed by 108 monthly principal and interest payment. For more than 20 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 SBA, CMBS, life insurance companies, hedge funds, private capital, regional and national banks. For more contact information Jerry Dehner, Managing Partner at 513-792-2727 or visit: www.CornovusCapital.com...

CINCINNATI – 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 20 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 SBA, CMBS, life insurance companies, hedge funds, private capital, regional and national banks. For more information Jerry Dehner, Managing Partner at 513-792-2727 or visit: www.CornovusCapital.com...

CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, completes finance consultancy for a dealership mega broker of new and used cars. For more than 20 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 SBA, CMBS, life insurance companies, hedge funds, private capital, regional and national banks. For more information contact Jerry Dehner, Managing Partner at 513-792-2727 or visit: www.CornovusCapital.com...

Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, arranged $1.6 million in acquisition funds for a 115-room, three-story Super 8 Hotel. The hotel, which had experienced decreasing revenues, was acquired as a value-add and underwritten based on projected revenues and ownership turnaround experience. Cornovus Capital advised and arranged a SBA 7(a) loan facility which featured a fully amortizing 25-year term. The loan pricing was WSJ +2%. Cornovus Capital worked with an East Coast Bank to arrange the request. Cornovus Capital arranges transaction financing for commercial real estate and business owners across the country. We maintain established, long-term relationships with partners in sectors that include SBA, CMBS, life insurance, hedge funds, private capital, and regional...

CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged $5 million for a commercial property refinancing existing debt and to provide additional capital to be used in another project. The transaction was structured with a 5-year term on a 25-year amortizing loan schedule. For more than 20 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 SBA, CMBS, life insurance companies, hedge funds, private capital, regional and national banks. For more information contact Jerry Dehner, Managing Partner at 513-792-2727 or visit: www.CornovusCapital.com...

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 20 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 SBA, CMBS, life insurance companies, hedge funds, private capital, regional and national banks. For more information contact Jerry Dehner, Managing Partner at 513-792-2727 or visit: www.CornovusCapital.com...

Working via Gerard “Jerry” Dehner, Managing Partner of Cornovus Capital, the OmSai Ram Investment Group has acquired tenant improvement, FF&E, interest carry, and working capital financing necessary for the build-out of a new Burgerim Franchise. A Cincinnati-based commercial real estate and business finance advisory firm, Cornovus Capital advised and arranged a SBA 7(a) loan facility, which featured four months of interest-only payments, followed by 116 months fully amortized. The loan pricing was WSJ +2%. Cornovus arranged the request through a Midwest bank. Cornovus Capital arranges transaction financing for commercial real estate and business owners across the country. We maintain established, long-term relationships with partners in sectors that include SBA, CMBS, life insurance, hedge funds, private capital, and regional and national banks. For more information,...