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 Capi...
Read MoreIndianapolis, IN - A Cincinnati-based commercial real estate and business finance advisory firm, Cornovus Capital, has successfully arranged $1.6 million in acquisition financing for a 115-room, three-story Wyndham Franchise Hotel. Formerly experiencing declining revenues, this property was acquired as a value-add opportunity, with the underwriting centered on projected revenues and the new owners...
Read MoreCincinnati, 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 MoreNashville, 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...
Read MoreCincinnati, OH – Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, is pleased to announce the successful arrangement of a $4.2 million refinance for a 110-room, three-story Comfort Inn & Suites. The transaction arrives at an ideal time, as the property has recently completed a comprehensive renovation encompassing all required brand-standard enhancem...
Read MoreCINCINNATI – 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...
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