$5.65 Million Financing Secured for Trademark by Wyndham Hotel Conversion in Pennsylvania

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

Cincinnati, OH - Cornovus Capital, a leading Cincinnati-based commercial real estate and business finance advisory firm, proudly announces the successful arrangement of a $5.65 million refinance, reposition, and Property Improvement Plan (PIP) loan. This transaction supports the transformation of a 131-room, full-service hotel into a Trademark by Wyndham, marking another milestone in Cornovus Capital's track record of delivering tailored financial solutions for the hospitality industry.

The comprehensive renovations, funded through this strategically structured loan, included essential brand-standard enhancements. These upgrades encompassed refreshed guest rooms, modernized common areas, revitalized amenities, and cutting-edge technology infrastructure. Together, these improvements reflect the hotel’s commitment to delivering an exceptional guest experience.

Key features of the loan structure include an interest-only period during construction, followed by a fully amortizing term. This design provides the hotel’s owners with a stable, long-term payment schedule while enhancing operational flexibility. By refinancing existing debt into a single streamlined loan, the owners can simplify monthly payments, maintain stronger cash reserves, and reallocate resources towards strategic initiatives such as property enhancements, staff development, and marketing efforts to increase occupancy.

With over six decades of combined expertise in commercial real estate and business financing, Cornovus Capital is renowned for its innovative and customized solutions. The firm's expansive network, encompassing SBA lenders, CMBS providers, life insurance companies, hedge funds, private equity, and both regional and national banks, allows it to align each financial strategy with the borrower’s unique objectives and long-term vision.

This refinance exemplifies Cornovus Capital’s dedication to supporting hospitality owners in their mission to elevate brand presence, operational efficiency, and sustainable growth. By providing immediate financial stability and long-term flexibility, Cornovus Capital ensures its clients can confidently invest in property upgrades, adhere to brand standards, and prioritize the guest experience.

For further information about how Cornovus Capital can assist with your commercial real estate and business financing needs, call 513-653-3079 or visit www.Cornovuscapital.com.

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