Cincinnati, OH – Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, is pleased to announce a significant expansion through co-location with the newly built-out offices of Lee & Associates RICORE Commercial Real Estate Services. Occupying 20,000 square feet, this new office space houses multiple industry-leading entities, enhancing collaborative opport...
Read MoreMichigan – 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 MoreCornovus 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 MoreAn attractive resource for business and commercial real estate borrowers SBA 7(a) lending is a fantastic resource for borrowers in industries including hospitality, medical, assisted living/skilled nursing, retail, manufacturing restaurants and more. Its name comes from the narrative section of the Small Business Administration Act, which authorizes the agency to fund small business. Appl...
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