$1.8 Million Hotel Refinance and PIP Arranged for Nashville Hotel

Posted in closed-transactions, hotel-finance, sba-7a-finance by Editor

Nashville, TN – Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, is pleased to announce the successful arrangement of a $1.8 million refinance package for an existing hotel property. In addition to retiring the property’s current debt, this financing includes a dedicated budget for a Property Improvement Plan (PIP), ensuring the hotel can complete essential renovations to secure and maintain its branded flag. Structured with a fully amortizing 25-year term, the loan provides a stable platform for long-term growth while minimizing the borrower’s cash flow impact.

By consolidating refinance and renovation costs into one comprehensive loan, the owners gain the flexibility to direct resources toward brand-standard enhancements, upgraded guest amenities, and operational efficiencies. This approach helps optimize cash flow, lower short-term capital requirements, and bolster the hotel’s competitive edge in a dynamic market.

Backed by over 60 years of combined industry experience, Cornovus Capital excels at structuring creative financing solutions for commercial real estate and business owners across the nation. Thanks to robust relationships with SBA lenders, CMBS providers, life insurance companies, hedge funds, private capital, and both regional and national banks, the firm provides a wide array of customized funding options aligned with each client’s strategic objectives.

For more information on how Cornovus Capital can assist with your commercial real estate and business financing needs, please call 513-653-4246 or visit www.Cornovuscapital.com.

Tags: business-finance commercial-real-estate-finance commercial-real-estate-refinance hotel-pip-financing hotel-refinance sba-7a sba-7a-financing sba-financing