Dayton, OH - Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranges a $1.7 million SBA 7a loan for the acquisition of a multi-acre athletic facility. The borrower will utilize the funds for the acquisition and improvement of the long standing sports facilty. For more than 25 years, Cornovus Capital, has arranged transaction financing for commercial r...
Read MoreMilford, OH - Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranges $1,350,000 to acquire a new loaction for a rapidly growing home improvement business. Financing exceeded 100% of the property's purchase price by including funds for closing costs, moving costs, and working capital. For more than 25 years, Cornovus Capital, has arranged transa...
Read MoreChicago, IL - Mario Grk, Vice President of Business Development for Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged 100% financing for the acquisition and renovation of a former bank, to be transitioned into the new location for their growing winery. The owners utilized 100% financing to provide a smooth transition from a rented location to a sp...
Read MoreCleveland, OH - Mario Grk,Vice President of Business Development for Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged a $800,000 financing for the acquisition of a long standing dog kennel and grooming business in Cleveland, Ohio. The acquisition included the business with commercial real estate and was structured with a fully amortizing 25-year ...
Read MoreNashville, TN - Mario Grk, Vice President of Business Development for Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged a $1.8MM refinance of existing debt, and property improvement plan to complete renovations needed to achieve a branded flag. The financing was structured with a 25-year term with a fully amortizing loan schedule. For more than...
Read MoreEntering into the year, the economy was on the rise. Borrowers were expecting significant liquidity from institutionalized lenders. Private money lenders were anticipated to be most active and the LTC percentages were going to rise, indicating an overall increase in risk appetite. After the worldwide spread of COVID-19 in February and the enforced self-quarantine as a measure; the financial struc...
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