September 1, 2023
Michigan – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged acquisition financing for a single tenant Class A office building. The transaction was structured as an SBA 7a loan, featuring a Loan to Cost exceeding 109%, and a 25-year fully amortizing loan schedule. For more than 25 years, Gerard Dehner, Manag...
Read MoreMay 12, 2023
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...
Read MoreApril 21, 2023
CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranges financing for one of Cincinnati’s oldest, CNC technology companies. Financing enabled ownership the ability to refinance existing debt, acquire new equipment to be used for new production lines and retool existing equipment for higher efficiency and...
Read MoreMarch 10, 2023
INDIANAPOLIS – 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 25 years, Gerard Dehner, Managing Partner, Cornovus Capital, has arranged tran...
Read MoreDecember 11, 2022
Cornovus Capital, a Cincinnati based commercial real estate finance advisory firm, is pleased to announce the closing of a $37.4 million construction loan for the redevelopment of office buildings into multifamily housing. The borrower will use the financing to convert the recently acquired office buildings, which were constructed in the early 1980s, into 129 apartments as well as add 97 rental ...
Read MoreSeptember 28, 2021
28 Sep Fixed vs Floating Rate what’s better for SBA borrowers? SBA offers financing through a lot of different programs; each with its own peculiarities and specificities. While all financing products are equally important and crucial, 7(a) and 504 are two of the most popular programs as they offer flexibility, lower down payments, and favorable prepayment terms. Even though most business ow...
Read More